chrisFantastic post, a real motivational winner ... but you lost...

chris

Fantastic post, a real motivational winner ... but you lost me after

"they just keep adding to resources."

... qu?

Mate they have not added to resources since June 2008. All we get is CC breathlessly announcing that once again he is on the cusp of finding the big one. In June 2008 we had 1.8m oz and today we still have 1.8m oz.

I understand that he did it again at a conference this week, where he was monty pythonesque nudge nudge wink winking about Majestic. He may well be right this time but he has been firing blanks for some time now.

Good grades, good resource, steady management, but now hedged and in debt with no cashflow and no repeat no resource updates in close to 2 years (and I don't buy the line that he is holding it back for a rainy day - in the first 4 years CC updated resources 6 times so he's happy to show 'em if he holds 'em).