"Uniformed Rhetoric" - Try something differenct for a change ML. How about enlightening us with an inspirational quarterly that you can substantiate!
Sounds like the same phone spin as he has done so many times in the past with the exception of likening themselves to Bendigo...But they never wanted to do what Bendigo did to their shareholders several years ago... (Huge capital raising, 10:1 consolidation, shareprice tanked tenfold.) Rather CTO's ramp-up & expansion strategy was to be self-sustaining through re-investment of production income. Raises the question...Are they considering deviating from their current start-up strategy & walking their shareholders down a similar line?
The deep hole assays should have been completed by now & even if partially complete, if there was something significant to crow about, they would have done so by now...like they do.
No info on the decline ramp-up? Any new mineralisations to report? Perhaps some exciting info to be had in the coming quarterly? CT probably would have offered something here & is generally more informative over the phone...
A reminder, per the last quartely, the mining plan for the remainder of the calendar year 2009 is forecasting gold production on a per quarter is tabulated below.
SHORT TERM QUARTERLY GOLD PRODUCTION PLAN
June 09 2,500 ozs
September 09 5,000 ozs
December 09 15,000 ozs
2,500 ozs is the promised number, Herr Director...Even if you have to pull one of those stashed dorés out from under your bed! - or are you going to catch up next month, or the month after or maybe next year...
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"Uniformed Rhetoric" - Try something differenct for a change ML....
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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