All,
Trust me, your worries are my worries. There certainly has been a lot of turbulence up there, but just keep in mind that everything (except the liners, remember they had to be made to order) is in place for gold production. Having a lazy mining superintendent, horrible weather, and sloppy accounting hasn't helped the company. Also, the market has been rocking, and this is bad for gold. The way I look at it, I bought the company with knowledge of the area (in terms of historical richness) and the hopes that they would get $$$ to mine. They have it, I am going to give them the spring and summer months to put up or shut up.
Keep the faith, when they start to mill all that stockpiled ore, we could be in for great things...and the price will go up much faster then it went down.
Also, in terms of # of shares, there are ~50 mill; much less than most mining companies. Hopefully, Brush Creek will soon be a "mining" company. |