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21/06/24
17:49
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Originally posted by informativeation:
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There is no “hub and spoke” reality. Honestly, just because they “say” it, doesn’t make it a reality. Just because you guys say it, doesn’t make it a reality. They have yet to prove anything other than losing 10’s of millions of dollars. That is the true reality. A huge, huge loss and no money made and the SP reflects that. Im surprised the SP isn’t closer to 5c given the performance but the gold price has kept them from administration….for now. To try and reinvent Beatons Creek as “supplemental” feed to Barton’s underground is an act of pure desperation. Beatons Creek is a complete disaster and to put either a Resource or Reserve on it to potentially raise capital is disingenuous and a scam. Whats worse, is that the board of CAI know this but to save their bacon, they put this forward as a “plan”. They should hang their heads in shame. Its dead, it’s done. Shareholders have done their proverbial. Hub and Spoke…..give me a break. Solution to refractory gold extraction with true economic financial inputs and still make money? They royally messed up Marble Bar, a terrible deal with Morgan, then a so called plan with Nullagine and Beatons. And you guys want to listen to Dazed as a way out. This show will go down as worse than MOY and NVO combined. Best go read “What became of the Crow”….it’s cooked.
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Could you elaborate a little more on why Beatons Creek is a complete disaster? Such a statement implies some in-depth knowledge, which I'm sure everyone here would benefit from.