one thing for hooter...he never changes his tune and view like some here. I would have saved alot of money if i wouldve considered his view. The figures didnt make sense....and they still dont. Before we were basing plv on an exploration target of high grade ore which wasnt there....now we are basing plv on an exploration target of underground ore for a rerating....obviously we wont make much with existing resource because we are mining to survive...wont be bugger all left when we pay debts. Yes debts i remember arguing with some einstien here saying we are debt free....We are in this situation because of poor decisions...not the economic climate....if you doubt this refer to the companies actually getting close to production with out the huge dilution issues that have been operating in the same time frame. I repeat poor management always have excuses...good management learn from poor performance and act....once a reputation is destroyed it is nearly impossible to repair
PLV Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
