Hello Charred;
NO!! I do not agree, A good example of a company being run by mining engineers...........Pegasus...........HMMM??
Should I name some more?? that are in dire straits at the moment??
Oh and by the way, Peter Munk is not a mining engineer if I have it right, funny how he built a mining company, how did he do it??
He had the right connections in the "international financial world", and then he hired the mining people to run the mines??......He took care of the funds??
Strange isn't it, that Robert Fung was there with him in the early days when he got his Idea going??
Isn't it not co-incidental that we are now in a similar environment in regards to gold...aka price, and also the co-incident depressed share price of many gold company's??
Also with regards to Albino, how can they proceed with building up the resource until the necessary Gazetting has taken place in regards to Deep Rights, they do have a letter from the Ministry, and as it has always been KRY's policy, they will announce no news until it is news.
I believe that when we see an official announcement of full gazetting of the Albino deep rights, then and only then will we know exactly how they plan to ramp up their current production to the 45,000oz/yr mark!
Just an opinion??
With regards,Frank |
