breakout looming, page-14

Guys I've been quietly gritting my teeth with this one...I must admit I didn't expect this to happen...I thought once the debt was repaid she would get a rerating of sorts or at least hold at current levels (more like around the 2 mark)...

The problem is there is absolutely no on market buying support...the sellers are slowly dumping into the existing buy orders and as a result she is trickling down 0.1 cents every few days.

I think the reason is problems with the sale of mining equipment. I can't remember who it was but someone said they contacted the company and there was issues with the Chilean central bank...I have no idea what that means...and they will need more capital if the deal doesn't go through.

I find this disgusting considering they tapped us shareholders for 6m in a deeply discounted issue and that should be more than enough money for the next 12 months...the cash burn if this company is unbelievable and they don't seem to be doing anything as shown by their 1 page quarterly reports.

The fact is if the sale deal is off they have continuous disclosure obligations to inform the market and the sooner they come clean the better.

Without any news there is nothing stopping the sp falling to 1 cent and below