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  1. #4101
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    Sep 2017
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    A kind version of an old saying is that a Miner is "an optimist standing at the top of a hole."
    However I must say the slide in shareprice indicates that like me, many are getting tired of delays, when little reason is given.
    Delays can be accepted, lack of reasons for delays, less so.
    I expected test quantities of smelted gold long ago.

  2. #4102
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
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    9,698

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    I think the unkind version fits better here.
    "A mine is a hole in the ground run by a liar"

    Hope im wrong, good luck.
    Last edited by Joshuatree; 18-04-2019 at 09:51 AM.

  3. #4103
    Member
    Join Date
    Dec 2013
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    334

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    I'm struggling to see how Mr Hill deserves his $400K salary with this pace of progress

  4. #4104
    Guru
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    Apr 2003
    Location
    Wellington, New Zealand
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    4,876

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    Quote Originally Posted by haewai View Post
    I'm struggling to see how Mr Hill deserves his $400K salary with this pace of progress
    I thought that is why NTL existed... so that Mr Hill could get a $400k salary every year.

  5. #4105
    Member
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    Mar 2006
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    Northland, , New Zealand.
    Posts
    139

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    Still 8 days to go before they should release the next report. Patience ???

  6. #4106
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    Jul 2017
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    275

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    Excitement.
    In the days prior to the December ? update.
    actually the days and weeks and months.
    We got no info.

    And they surprised us with being a lot further ahead than I expected or they had forecast.

    I am expecting they are a lot further along the track than we have worried ourselves into the ground about as shareholders in general, as reflected in the shattered SP.

    We certainly wont have a full 100% operational end to end gold manufacturing line going.
    But they will have certainly moved a lot further and put a lot more ducks in a row to achieving that.

  7. #4107
    Senior Member
    Join Date
    Nov 2009
    Location
    Super Rugby champion country
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    746

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    $400k salary will allow for a high class scope to make aiming at the ducks easier.

  8. #4108
    Alley Cat Brain's Avatar
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    May 2013
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    Hoagy’s Alley
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    I would have thought that if the sole purpose of this mine was to pay directors fees and staff salaries then there would be no sense in investing in the refurbishment of the mine and purchase of the pilot plant. It would have been best for the management and board to make excuses and sit on the $6M raised capital and ensure that directors fees and management salaries were paid out for many a year to come.
    Last edited by Brain; 24-04-2019 at 05:11 PM.

  9. #4109
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    Join Date
    Mar 2006
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    Northland, , New Zealand.
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    139

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    Hey the update will be today or on Monday. At last----- Just predicting

  10. #4110
    Guru
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    Jul 2002
    Location
    New Zealand.
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    4,411

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    Is .011 the low for now, looks like someone wanted out at that price much to my gain, what are we expecting from the expected announcement

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