Cutting a long story short Chotachetan, There was a JV with FMR a year or two ago to mine Burbanks, set up by the previous BOD (Barra Resources). When the new BOD (Greenstone Resources) was installed, the Mining suddenly came to a stop. I believe no accounting was ever done regarding how much Gold was processed, if it was converted to cash, what was spent and where the remainder is now. Furthermore, there is still 25,000 tonnes of Gold ore still unaccounted for. This is just a quick insight for you about the 25,000 tonnes of ore. The other guys on HC are much better at facts & figures than me and might be able to elaborate.
GSR Price at posting:
0.7¢ Sentiment: None Disclosure: Held
