hold or sell ??? , page-33

surfydad
Your comment
"And while you're pontificating in front of that mirror ask yourself what possible outcome McCrae is after by being dishonest."

The answer is nothing. I suspect this whole issue is over not using a proper engineering approach and BS'ing when an educated approach is required.

I agree that the resource is there and I believe that we will benefit with mining. I just believe management is ammeter week. I do not believe at any stage management has attempted to be dishonest. They have tried to do things in a manner that have ended up looking the way you talk.

I came in on this when someone else said where did management go down that track. I do not like it when people try to kid themselves. The statement that you have lost the plot when you start to believe your own BS is appropriate here.

There are approximately 130 million shares and the price went from just under $5.00 to around $1.7 after the JORC. Some people lost their homes, a lot lost their marriages and there are children who will grow up without both parents. You obviously by your comment "Suggest you direct your 'illiterate" comment to the mirror," believe it is OK for the events to unfold in the manner mentioned.

My comment about Cu equivalent is very valid. The JORC said of some of the areas when you take out the nugget copper you are left with 0.3% and less copper(I think sulphide). The cost of treating very low grade copper can be below the price you get for the copper. The process for nugget copper is different to sulphide copper. If you can't economically recover very low grade sulphide, should it be listed as copper equivalent. There is an issue of gilding the lilly that enters the area of possible, false and misleading. I am sorry I did not consult a dictionary to uncover your "implying intent". I do not think the directors at any time were trying to be dishonest.

I think WM is an honest person who just does not understand the implications of what is happening. That Cu equivalent thing might have been handed to him by an underling trying to promote themselves. There is some highly technical stuff going on and I don't think it is being handled properly.

I am a believer and will be with the company till mining. I hate the downrampers as much as anyone but the uprampers can be just as damaging. All I want is for the company to let us know what is actually going on. We need competent staff who give us reports we can rely on, not what happened with the JORC.