back to 2009, page-17

The 25 cent target set by one of the above posters looks like being on the money, after what they achieved in the September quarter.

Just as well I did not put in a bid at 31 cent in the hope of a short term bounce. This thing is too hard for me to handle.

Management is enjoying its role of collecting safe income flows while punters get head butted for living in hope. We need a much higher gold price and/or much lower costs.

I now think they could get themselves into trouble going forward. No debt but also not a lot of cash on hand. Perhaps the sale of Lakewood is for the best given the need for more cash as a buffer.

Punters will stay away.

loki