SMM 12.5% 0.4¢ somerset minerals limited

i am out of here, page-30

  1. 8,362 Posts.
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    echucaz - give him a little time - certainly - and the team do have credibility.

    I guess it's the fact that they've only been in Armenia 4 or so months, with little experience of the country and seemingly little knowledge or the orebody, yet announce fast-track plans to produce large amounts of gold??!!

    I simply don't think it's that straight-forward. If they're cutting corners to achieve their goals, then it could seriously increase the risk to the project and become a potential cash 'black hole'

    In any case, HC does have the good rep and the team - my apprehension could be completely unfoundered, and proven wrong..

 
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