Hey batboy,
I was looking to see if there was anything positive from recent posts or announcements and I couldn't help laughing at your post. We need to have a bit of a laugh to stop us being too depressed with the whole situation.
Are there any rays of hope through the bleakness?
I don't really know. --lots of questions to ask and assumptions to be made.
I can't imagine the SG crew throwing good money after bad, so hopefully we are frantically processing ore to try to demonstrate that we have some sort of resource.
We did 8kg x approx $50,000 =$400,000 ...maybe we are up to a million now???
What is our cash burn every month? Would a million a month keep the lights on as we dig deeper?
Was the suspension designed to halt the share price dive while we round up ducks and place them in a row? (AKA getting the issues sorted)
OR is the issue simply that the ore isn't there in the quantity needed for a mine ...in which case it won't matter how much money is thrown at it? If thats the case, wouldn't we know by now? Been digging since February.
If we have a chance of further developing ore, at least we don't have any major secured creditors weighing our purse (as I understand it anyway) = more breathing space?
Could we grab some low hanging fruit from Serato to help with a few gold bars. 1000t at 25 g/t would be helpful at this point. There was a lot mined there previously.
Although my disposition is currently pessimistic ...there could still be a glimmer of hope. We don't know, but no point annoying managment at this point "you are only making it worse for yourself! ... Jehovah! Jehovah!"
Cheers everyone,
SJB
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