Hi SimonsnouckartSorry to hear your loss on View resources. It...

Hi Simonsnouckart
Sorry to hear your loss on View resources. It has the cash flow problem and at that time the gold price (less tha US$700/oz)at that time was much lower compared to recent month gold price (more than US$1000/oz). In fact in 2006, KOR had an agreement to use view plant to treat its Melrose gold resources. At that time the gold price was below US$700/oz. After Views administration, its Bronzewing asset (gold project and plant) had been bought by NAV (Navigator resources)refer to asx announcement below

3 september "navigator to acquire Bronzewing" and

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00984800


1 cot 2009. "Bronzewing acquisition completed".
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00994314

As always, DYOR and consider individual investment and trading aim, time frame, risk profile, etc.