MTB 0.00% 0.2¢ mount burgess mining nl

no dividends yet, page-2

  1. 4,446 Posts.
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    I a also note that in the last 12 months the company put 13,000m of RC and ~2,000m of diamond drilling into Kihabe. That, combined with the pay cut, ought to silence our western diagnostic imaging critic as to whether the directors are feathering their nests and doing nothing.

    Arguably the company made a boo-boo by drilling Kihabe RC first, and now has to stab some more diamond in for the upgrade, but you can't reasonably accuse them of sitting on their a-holes doing nothing.

    Lets hope they can raise the cash neccessary to rally paste this thing this year and move to a pre-feas and BFS by next year. If they can get finance and start construction end of 08, mid 09, they'll be in with a chance to catch this lead price.

    Fingers crossed.
 
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