Ann: Morning Star Gold Mine Readies to Rise Again, page-19

Definitely not defending the track record of the company, and my shares have been hammered pretty hard since I bought (0.284 avg price)..

BUT

There are a few different things in play now.
1 - Gold price is stronger ('dropping' maybe, but not compared to their last attempt at mining)
2 - AUD is weaker (better return on gold price)
3 - They actually know where the higher grade areas to target are

4- They are planning to run around the clock (we know that the main lift is the bottle-neck there, so keeping it moving 24/7 will significantly increase the mine's output)
5 - They are planning and preparing to mine different (drilled and proven) sections to previous

Will they succeed in being viable? I don't know, but I hope so!
So have a laugh in the meantime, just don't write it off as the definition of stupidity. After all, mamma always said, stupid is as stupid does
Just keep the door open for us poor buggers who are sticking it out, hoping for the best. There IS gold in dem der hills!