Ann: Scoping Study Begins on Underground Mining - Bowdens Silver, page-34

G’day all.

new to this one and silver, although have a few goldies.

I’ve just started my research and will complete it over the weekend. I’ve read the various announcements, quarterlies and presentations this year, but can find nothing to indicate when they might actually start production?
so if anyone has any insight into potential production timing, I’d appreciate hearing it.

even though early in my process, I must say I’ve come across one of my pet turn offs; directors helping themselves to big $’s. Ok, they’ve got plenty in the bank, but they have no income and none forecast anytime soon, but they taking out $750,000 a year! That’s heavy for any company with no income and none due soon. I’ll dig into their options/performance bonus etc as well.

project looks great though, so it will depend how all the other issues stack up. How do management rate?

I also note the downtrend, but I assume it may be linked to silver price, although that’s only down about $3 from a year ago,

thanks,

ned.