BIG burrendong minerals limited - withdrawn

in a year or two maybe, page-30

Currently unlisted. Proposed listing date: WITHDRAWN
  1. cya
    3,836 Posts.
    Hoges good on you , everyones entitled to an opinion and who says I or you are right only time will judge that a this stage

    Whats get me about RAU is all brilliant news or completely understandable

    If I did a deal like the Mt Carbine one my masters would sack me on the spot, it was easily one of the most ludicrous examples of complete stupidity by a CEO in 2008.

    a) he invested without agreeing a price
    b) he promoted that investment without securing a price
    c)he created the impression it was a more solid deal than it was
    d)and he lost the deal

    No CEO (or credible one) would put himself in such a position yet, yet you guys sell it as some kind of high principled walk away.

    Carbine????

    It was a stuff up

    Just like everything else Mr Magoo does hes never landed a deal in his life despite touting all kinds of deals, not a single closed deal, even the Peru one is a joke, he pays nothing and owes nothing unless he gets into production then hes got to give the initial cash flow to the owner to purchase it

    so just when he is going into production he will have take out the first 5m and give it to the owners

    Bolivia? its a honeycomb of worked underground mines sitting in a mountain range with poor access , yet hes going to dig some trenches, do some surface sampling and magically discover what lays beneath?

    From this sampling he can tell what 300 years of underground mining has taken away and whats left? and all he has to to is say it encouraging and commit more cash to it which he raises through placements that get churned up so the placement holder can sell out

    its complete nonsense folks Bolivia is taking the land back off the rich people and giving it to the peasants

    http://www.ipsnews.net/news.asp?idnews=32429

    its about the most left leaning country in Latin America yet Mr Magoo, the King of Mount Carbine is riding in their to do a deal with President Morales

    Republic's Managing Director; John Kelly, said:

    "The Company has been present in Bolivia for the past four years and has established high level links with the Government, the national labour and mining industry organisations and the many important influential stakeholders in the mining sector in Bolivia through our local experienced professional Bolivian staff.

    Kind of odd that he would make such a claim when you consider when they gained access to the mine through Lurzon.

    the spin doctor takes a remnant of the truth and stretches it to something else just like Mt Carbine














 
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Currently unlisted public company.

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