aam in ceasers top 25 mining tips for 2011, page-16

  1. 30 Posts.
    I have spoken to holder with a room full of shares more then me in the game, he knows some on the management team and they are working their asses off to get this qtr a company making result. And low grades are very common in start up mine processing, what do you want them to do lads, step over ore body for for two year's just to please short term share holders! I'ts a mine site mistake not to get it out of the road, otherwise it requires maintenance, watering, and State and and some cases Council reporting, not to mention OH&S risk with dust, taking up more management time. Or transport the stock pile well away from the main worker operation, at more OPEX cost. They are an aggressive team and I'm hearing the workers go beyond the call. There is lot's of gold in this WA mine, give them some time.

    > # No stock or financial advice intended. <
 
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