Hey Goatpointer
I hold a similar opinion.
Lion Gold are trying to implement a process which is not that more advanced that using a sluice (starting price about $50 and up), employing some under utlilised local Africans (dare you call it slave labour), provide some shovels and an old lease, add water and say go for it.
These people (fronted by some dodgy South African Consultants) do not appear to have any experience in running a complex mining operation.
They may do a better job than the current clowns but I doubt it.
SBL picked up this lease during the GFC at a Rock Bottom price, unfortunately we also had the Rock Bottom director talent to go with it.
Holding for the fun of it now to see what happens. A 2 cent cash offer would see me out like a rat up a drain pipe.
- Forums
- ASX - By Stock
- 2012
Hey GoatpointerI hold a similar opinion. Lion Gold are trying to...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online