As many have pointed out- without further reserves proven the share price will not get past 10 cents or even go close in the near term.
Its also one thing to say that we have enough ground and gold to continue making gold bars for years to come, merely converting as its required as mnay goldies do ploughing along year after year without advanced field measures BUT how can you factor any of this into the current price without the proven fields? You can't and no one does!!
10' of thousands of ounces being proven at a time is far from enough to get this moving. We need a few hundred thousand to map toward a 5 year revenue as a base of security for long term investment - This will be by the end of the year based on current projects and drilling!!!
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- reserves, i am not so concerned now.
reserves, i am not so concerned now., page-7
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