i don't expect to see any revenue - they may have
Post# of 2070
(Total Views: 284)
Posted On: 02/13/2020 11:04:40 AM
i don't expect to see any revenue - they may have recovered some gold in the period but seems it doesn't produce revenue. I do hope this current quarter - shows some revenue but we won't see this quarter till the annual report in July. They combine 1st quarter and Annual so there is a long gap in reports from Feb to July as I recall their report sked.
Amazing how long this has continued with the on and off stated leach and recovery but scant gold and no revenue. I am not siding with the IHUB recreational bashers but I do wonder about the disconnect between leach and revenue - thousands of tons of ore have undergone on and off leach for years - since Mar Mar constructed the leach pad. Not much to show for it. Patience we've granted the CEO - funding we have contributed. This would be a good quarter to see some positive results.
The next convertible loan, due in March, is a large one and if we survive the conversion selling that's going on now for the Jan due date that we defaulted on I don't see how we get thru the March loan unless there is sig production going on now.
Amazing how long this has continued with the on and off stated leach and recovery but scant gold and no revenue. I am not siding with the IHUB recreational bashers but I do wonder about the disconnect between leach and revenue - thousands of tons of ore have undergone on and off leach for years - since Mar Mar constructed the leach pad. Not much to show for it. Patience we've granted the CEO - funding we have contributed. This would be a good quarter to see some positive results.
The next convertible loan, due in March, is a large one and if we survive the conversion selling that's going on now for the Jan due date that we defaulted on I don't see how we get thru the March loan unless there is sig production going on now.
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