re: Ann: Mantle Acquires High Grade Norton Go... There's...

re: Ann: Mantle Acquires High Grade Norton Go... There's significant risk to this until more information is known about true cost of the exercise - information which may not be known until well too late. Cougar Metal, in Jan '12 reported 1.4 million/month sale from gold at Ze Vermelho mine. Then a year on, the operation was suddenly abandoned due to 'operating at a loss'. If it was this easy to purchase abandoned mining assets (worth 300k mind you) and resume production, you'd think there will be a sub-segment of minnows that do the same? Does Mantle even have specialist skill in this area? And worse, what asssets does Mantle have to absorb the impact if this project fails?

Looks like market is well aware of the risks...