KMC 0.00% 0.6¢ kalgoorlie mining company ltd

Ann: Operational Changes - Bullant Gold Project , page-59

  1. 366 Posts.
    re: Ann: Operational Changes - Bullant Gold P... the MD has been a buyer and not a seller just like bowman so to put him in jail or start a class action best of luck not going to happen.
    The MD only put in money a few weeks ago for god sake, yes the buck stops at the top but what about the people running the operation on site what about them you should throw them in jail there the ones that missed the production targets and have rubbish equipment that always broke down.

    also the company has a board (5 including the comapny sect.)what if they voted to keep the operation going and the MD didnt want to , so the rest of the board voted against the MD 4 to 1,has anyone thought of that.you can not just blame one guy one in all in.

    yes i have lost money on this just like the rest here BUT i was aware of the risk before i invested my money and i have always said the toll agreement with barrick is a killer and needs to go.

    so im booked in tomorrow to get the pineapples removed from my inner sanctum.can not wait for that

    my advise on all this is raise the money to pay the debt of only and sell the asset .Without a mill the operation is going to struggle , so if pxg or whoever look at it if they dont have a mill they will head the same way.
    And on pxg there head grade is low so there milling cost is going to be higher than kmc .GRADE IS KING!!

    SO IF YOU LOSE MONEY IN THE SHARE MARKET AND DONT LIKE IT DONT INVEST ,WE ALL KNOW THE RISK WHEN IT COMES TO THE MARKETS.

    TOOT TOOT...

 
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