Just thought I would put some pen to paper.
Share Price 0.225, Shares on issue 250million approx.
Cash @ bank 30/6/08 31million = to 12 cents per share
Est Resource Gold Equivalent ( I like it as comaprison) 3 million oz or 21 b dollars = 8.40 /share approx.
Cost of mining approx $500/oz ( What size of mill is planned for Silver Hill ????)
Bacterial each test results due 09/08
COO appointed.
Progression to mining perhaps late 09?????
Gold price going south and flavour of the month.
Lack of interest in this comany for one reason and another.
Gorilla of a shareholder controlling the register with its own set of problems. HMMMMMM
If anyone would like to add comparisons of other companies and there progress for us long sufering sharholders, I would try and table it in a comparitive format
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