GBM 0.00% 0.8¢ gbm gold ltd

quarterly report

  1. 38 Posts.
    Multiple corrections...now that's a bit embarassing!

    Blaming short staffing or staff reductions is not very palatable either!

    Cash on hand $40K

    Gold sales for the qtr $30K

    When are these guys going to start producing?

    Surely even at a reduced efficiency they can produce something. Work on ironing the bugs out whilst producing cash.

    There has been so much promised, yet all I seem to hear is delays, delays and more delays...all whilst blaming unforseen issues.

    I don't want to hear about problems with a winder slowing access down or efficiency problems with a mill or staff shortages in accounting. All this says they are achieving something, just at a slower rate...but the quarterly says they have only produced 30oz over 3 months! Thats not producing, thats pathetic!

    When am I going to see something actually achieved?

    I'm very quickly getting disillusioned here.
 
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