I was reviewing the CGM haulage video again,and
something odd stood out, which was at the 0.17 min
mark,the sign states " ELEVADOR carga maxima 400kg ou
5 perssoas" which i assume means elevator maximum
cargo 400kg or 5 persons.
So the question remains, how can they claim they are
hauling 1tonne of ore per load when the maximum
capacity of the lift is only 400kg ???? Also look at
the 6.48min mark, where they state 1t of ore unloaded
in 25 seconds. Correct me if i'm wrong. Any thoughts?
Even if we mangage to secure funds, will it be used to
resume trial mining, at a loss??
Continue exploration, and have to wait over 6 months
for assays ? and then have found nothing of
significance?
Buy more rigs on the assumption that work will be
there? and then fizz out ? and also have to deal with
more customs delays?
Resume leaching and then realise the problems havn't
been resolved after the money's dried up?
Or is it just to keep the lights on and pay
salaries?
i dont like to sound pessimistic, but SH have been
more than patient thus far, and have had our
investments vaporised. We have to be more
skeptical/critical to the conduct of management.
GLTA
- Forums
- ASX - By Stock
- CGM
- Ann: Trading Halt request
Ann: Trading Halt request , page-11
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online