projects...waste of time, page-3

Roaster...with spot gold price at say $1,070.00/oz they will have to almost at least double to triple production levels immediately to maintain current fund levels/cah margins. As you can appreciate, as it currently stands financially they can't manage it now anyway.The capital raising was their only way out to stay alive a bit longer. I wonder and wouldn't be at all surprised if their production costs /oz have gone up again since this last quarterly report was made.

I'm expecting that the next Quarterly report will be even worse than this one and that's why they are having this capital raising now rather than later on.