Ann: Placement , page-9

the company will go broke if they continue using barrick tolling arrangement its killing the company.

so the company is building there own plant but the 1st stage is the crushing which will save plenty of money .

sometimes it takes two steps back to go forward, look at pxg they are in the same boat they need to toll but the best thing for us is that there tenements surround bullant i would not be suprised if some thing is done there takeover maybe.
once the crushing is up other companys will see the value in kmc and i would expect more deals to follow.


and on the $6 mil placement well the $35 mil will come down to $20-$25mil now i hope, i have asked around about how much is required to build a mill etc.. and the answer is not $35mil so the way i look at it is this company have other ideas with that money.

im looking at the picture from a different angle and if you build a mill they will come or you will go looking for them.

short term pain long term gain.

TOOT TOOT