low grade , page-4

What a bearish fellow you are Bear23.

I wish before people pronounce on the whether the gold is low grade or otherwise that they could ask JK what his view of it is ? Have you asked him Bear ?

I would judge from announcements made back in 2006 that he was reasonably happy with the sampling results back then. So he is back to confirm his judgement with a BFS.

1. The point about the miners showing support certainly indicates that they are happy to be getting an increase in pay and to have full time work. The point being that there are not going to be "issues" as has bedevilled some mining operations in Bolivia with riots and worker problems.
The workforce is happy to work with the RAU management. That is the point. Surely a reassuring thing.
2. Do we really need to know who the consultants are in this announcement ? Would we be any the wiser ?
For instance are you any the wiser about who Senor Melgarejo is having been told his name ?
3. Yes good to know that that has happened. Ties up that loose end doesn't it !
4. Perhaps the financier does not want his name bandied about just yet till things are finalised. Finaciers like to keep things fairly secretive normally.
But it does show that RAU is tying up those arrangements doesn't it !

And again the point about the other possible projects is probably commercially sensitive. We think that Lipichi may be on the drawing because Luzon let the cat out the bag about JK's secret meeting back earlier in the year with the owner of Lipichi. But there could be others. Again why tell others what you are interested in and alert them to your opportunities.
Do you have any understanding of business dealings Bear ?
Observe and learn instead of grumbling.