I looked at Darques and the price being paid at the time of the...

I looked at Darques and the price being paid at the time of the announcement, and I couldn't believe what I was reading.

Paying $200 million or thereabouts for that project was insane, and a recipe for disaster, followed by many many years of crippling debt. Especially when you compare it to a company like FFX which paid $28 million for 3 million ounces of gold and a working 4.5 mtpa gold processing plant in a low cost jurisdiction.

What kind of experienced mining resources executive would have done such a thing to buy Darques at that price, because it obviously had the potential to be both a company destroyer, and a career destroyer.

At the time, I'd been looking to reinvest back in AMI and had been following it, but after the Darques announcement I gave that idea away completely.

Good luck to you guys though, but I'm not sure how you are going to get out of this fix very quickly.

Gw