Very disappointing to see such slow progress.
Maybe a couple of directors should be down there with a crusher and sluicing pan, at least producing some gold.
Lucky I have property trading making me big money, and I can chuck in another lazy 15k to help support them get this thing going.
Bought something 325k under asking price and flicking it now, that's an easy 250k profit, a lot faster than shares.
Shares is boringly slow.
You can lose a lot of money on a squiggly line, at least property you have more control.
I am doubling down and looking forward to actually seeing some gold and see how this long long term investment turns out.
Next time, someone in property says, "This could be a goldmine" - I will tell them to **** off I am not interested
The gold price is irrevelant at the mo as there is no gold to be sold.It's all very well to look at the rising value of the ore at the mine.but they need to get it out and refine it first!
Or gold, Swissboy!
I seriously wonder why a director or two don't actually go to the mine and pan some gold - great publicity, great for the shareprice, great for the SPP.
Because the gold is locked up in quartz?
I'd be happier knowing the directors were fronting up $15000 each to support the offer. But the documentation is quiet on this.
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