i have to be honset and say i almost had a go at these last weeek
then i had to slap myself and have a look again,once bitten twice shy
i held (amg)when the talk oftoll treating the small deposit in south boulder while chasing"elephants(thier words not mine)"in canada somewhere.
the end result ... a couple of rock chip samples in canada,not even a hole drilled a cap raising and a consolodation.
then i had another go when they tried to buy a gold mine off emporor.(450000 oz proven)in Fiji
end result nobody would lend them money in,an economic climate where greenspan had the world throwing money away for free.
i hope for your sakes that this time it is different and the royal group can have a positive imopact on this managemants past record.like i said i almost had another go last week.but then i had another look at the projects
162000 oz @ 1.6 g/t
144000oz @ 1.6 g/t
18000 oz @ 2 g/t
cash in the bank (after rights) of about 3 mil....so how
do you fund the development of a gold mine with 3 million in the bank
Capital raising and dilution .
will watch with interest and for your sakes i hope it goes well,may even buy in myself if it starts looking better,but for mine there is better opportunity elsewhere
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