LRL 0.00% 1.6¢ labyrinth resources limited

re: mli trading halt n.c, page-2

  1. 5,193 Posts.
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    re: mli trading halt earlier reports referrd to increase reserves and greater gold production,200 k oz mentioned...to do this ,it need to acquire additional plant... or obtain a second cash flow...because of the trouble with some of the old pipelines this would be preferred IMHO.

    Replacement of a single new pipeline and refurbishment of old for lower pressure use would allow considerable larger thruput and lower costs....Directors (other than Frosty)have consistenly stated that target oz will be reached---it follows that we must see some bonanza months ahead.

    So I am expecting a double header announcement that will substancially increase reserves,production thruput and lower costs.... the company could double its size
 
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