I jumped out of this stock in Oct 2009 but hey, I haven't done much better with my current stock.
Still watching this one, but here is my gut feeling...
1) cash is constantly being depleted, propped up by capital raisings and bank loans... not good
2) cost of production still high
3) Crista road approvals may be the hidden problem, I don't think it will be smooth sailing - can anyone tell me if we are still planning on july production from Crista or is this delayed? Don't know the answer to that one
4)Credability of management
5) Viability/profitability of production
6) If tocohonans (excuse spelling) is so good in grade, why is that not fast tracked... should be able to attract a JV partner for that surely?
more questions than answers, but hey, the one thing positive is the rising gold price.
regards
I jumped out of this stock in Oct 2009 but hey, I haven't done...
Add to My Watchlist
What is My Watchlist?