I reported this a week ago however it looks like a JV has been done indicated by the market so 10 cents here we come
The have poured 19 bars of gold value of over $900k this has enabled the company to pay out the debts and start accumulating cash . They have many J V's brought to them and a selection will be finalised in the first quarter of 2013 the. Aim is to replicate the current mine and expertise two or three times with these JV'S, this will give the company the added life of many many years of mining which will increase their cash year in year out the the potential of dividends.
The value of the mine today is certainly not expressed in its share price with 10000 Ounces and a plant worth over 14 million then the current price should be around 10 cents
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