"who knows, maybe there really is 10 m oz of gold there"
Yep, I reckon there is, the problem is the amount of rock that is also mixed with it.
I think the main problem is that Mark has/had such a belief in what the family had said about the gold at Charters Towers that it was never really proven up properly, and that he just wanted to dig holes and get it out, as he saw it, and not waste time because he knew best and that it was definitely there and easy to get, WRONG.
I see that Mark is listed in the "Sunday Mail" here in Brisbane today as one of two big losers for the year with his wealth down to $19 million.
What do they say: lose a million here and a million there and pretty soon you are talking real money!!
Regards
Lockitt
CTO Price at posting:
12.5¢ Sentiment: Sell Disclosure: Not Held
