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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (3456)	12/23/2005 10:09:58 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 78412

Wayne - a couple of comments. First, I think they have had to address a number of problems that have hampered their drive towards profitability. These cropped up from early on when it took them far longer and cost far more than anticipated to get the mines dewatered. Then there were issues with some of the new equipment. And they have also had manpower availability issues. The good news is that it seems like they are getting all of those things addressed and are now in a much better position to crank it up. So, it has required a good deal of patience and perhaps soured a few investors in the process, but therein lies opportunity (or that's the idea anyway). As far as exploration goes, I think they spent a lot of money up front collating the historically disparate databases and poking around. Now that they have a much better "view" of the area, they can afford to use a laser instead of a shotgun, so to speak. I think that if nothing else, it certainly should be kept on a short list of candidates and bears watching. The intercepts they have yanked out of there on a regular basis should not be overlooked.