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Originally posted by alemond ↑

Hi Markeddo,

I have a very small quantity and also bought at cheap price, so to sell it right now would not make any difference. When I bought the shares I was researching the company and it was almost like a Cassino bet, but my eyes were not set on the mine site itself, but manily on their exploration assets and also the exploration team. Their assets have a huge potential for exploration, but I believe that requires more funding, also their exploration team is really good, probably one of the best in South America, if you do a short research on the internet you will get to the same conclusion. So the potential that I see is on exploration, and thats the main reason why Anglo got their hands on that side of the pie and have so far no interest in the mine.
If I was the Chairman myself or either the CEO I would stop the mine and focus solely on exploration to save money, also I would go after a partnership to fund the pit extension of the pre-existing Sertao mine site, previously owned by Troy resources and with a proven production record and on my opnion this is the real deal, as the soaring gold prices it would be easy to further extend the open pit right now and use its money for funding the underground work and reserves expansion.

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Hi Alemond,

The more I read your posts the less I understand... ' I believe that the grades announced are in situ grades and not the proper mined grades' ...? WTF? Are you serious? What do you base this ridiculous claim on?

As a ' mining professional' do you really think that you can just guess what the dilution could be and make up a grade?... Is this how you have been running your mine?

Pay for 'more exploration'... really?... how is this going to generate cash?

Stick to the plan guys - pump the high grade ore through and sack all the 'mining professionals' that we have sitting around to cut costs. The gravy train is over.

Alemond, your accent also reminds me of some South American friends that I have - are you perhaps from Brazil?

I bet if you give me three questions I could figure out which former/current employee you are...Do you want to play?

Do not fall for this down ramping rubbish. Someone is just spreading confusion and dissent.

The monthly gold production figures in January will be all that matters and I will put my trust in Smokin Joe and new team rather than an 'mining industry professional' who looks like a duck, walks like a duck and quacks like a duck.