"During the quarter the Company sold small amounts of material...

"During the quarter the Company sold small amounts of material from its iron ore stockpiles on an ex mine gate basis."

Correct me if I am wrong, but if they are selling stuff then there should be revenue showing up in the cashflow report???
They have said that they have been selling stuff in the last 3 reports, yet I still have not seen any revenue reported.

Is this misleading?????

And here is an idea. They said in previous reports that they have 40 000 tonnes of ore stockpiled ready for production. Why not run it through with a skeleton staff and SELL it???

40 000 tonnes even at $80/tonne is $3.2 million!!!!!

But no lets dilute shareholders funds by issuing shares at 1 cent each to raise $1 million just so that they can continue to pay themselves.

Why, why, why???????