"If Fossey is proving to be non-viable then both management credibility and geological capability has been shot to pieces..."
In the absence of any further information from the company, I have to agree wholeheartedly with your assertion. Kagara recently announced losing money processing zinc, so perhaps we're not doing much better, and certainly not well enough to pay back debt, explore and progress feasibility studies. No doubt in the process of preparing the quarterly report reality stared management squarely in the face. Presumably with prudent reigning in of spending a disaster can be averted, but unless metal prices go back above $1/lb for lead and zinc can there be any long term future? Let's hope management are forthcoming with a clear explanation in the next few days. To leave us hanging for 'a few weeks' would be disgraceful.
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