A company that was just too small to go into production maybe? They kicked goals early on but the costs have caught up with them. Jardi was easy it was just one project but Graham said u need to build your business through acquisitions. Those acquisitions have bought a truckload of extra employee's and keep in mind they never produce more than 7000 ounce a qtr so no extra income to cover those employee's. They will have to start sacking staff soon.
Ann: Jaurdi Gold Project June Quarter Production Update, page-58
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