"There have been many disappointing announcements to the Australian sharemarket from gold mining companies in 2006-07. On 29 January 2007, BMA Gold revealed to ASX Limited that its Twin Hills mine in Queensland is believed to contain 10.4 grams of gold per tonne, compared with a previous estimate of 29.9 grams per tonne. Its Area 2 resource is expected to hold
75,300 ounces, rather than 193,000 ounces as previously estimated. This type of disappointing news has been similarly revealed by gold explorers such as
Bendigo Mining, Emperor Mines and Tanami Gold";
Original article by Jamie Freed; The Sydney Morning Herald; 30 January 2007; page 21 Abstract by
Tam now 12c. Judgement Day.
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