operational update from goldstone., page-26

Hi all,
rmv, you said on a few posts back "get their Bendigo mine up and running". Bad idea in my opinion that place was a cash burn. Didn't they have some sort of farm in agreement with a mob who started drilling in the North of the field. We havn't heard peep from them so that obviously hasn;t been sucessfull, and the North was meant to be the rich part of the field.
It would be a shame if they went and blew their cash on an explorer. Keep it for Goldstone I reckon, that will need a lot of cash. If they go blowing their cash on a hopeful they will end up having to issue more shares and dilution will set in. They have done well to keep dilution under control for the last 5 or so years so why stuff it up now.
But maybe they are looking at a cash strapped producer, which if any good will require a capital raising anyway.
This is a funny stock. It should be worth more but it seems the market is not interested. And there hasn't been any good news from Tasmania for a long time. Don't know. This is a hard one. Good luck all holders. Bendigo/Unity was a hard time for me. Cost me thousands. Hundreds of them.
Busting