-Cibaluang. ARC did bring ore to surface from one shoot, but earlier on due to poor ground conditions and a contractor that messed things up and was pulled off location at the contractors own expense, ARC run out of time & ANZ backing and in the end had to pass on the mine to Antam. ARC would have had a producing gold mine, plus the drilling that is happening now !---------
Sounda like bad management to me , plus the fact of political unrest, world economic instability and possible muslim backlash ,nevermind a director had to loan the company some bucks I would say its high risk without a doubt. This story has been going on for years and I also am led to believe ANZ still have a load of shares to offload into any poaaible sp rally-
Comments appreciated
lets get this party started eh, page-19
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