There is a post today on another Forum - i won't q
Post# of 2064
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Posted On: 02/22/2020 5:41:37 PM
Re: Alascantrade #923
There is a post today on another Forum - i won't quote it but there is encouraging progress. New equipment is on site that will increase production and lower cost of metal recovery. Win, win.
That 10-Q was a downer but without continuing operations there is zero hope - and without funds there are no operations. The CEO is doing what he has to do - borrow from those willing to lend and at truly lousy terms to keep the crews paid, diesel arriving in tanker trucks and cyanide coming in bags or drums. We are in a critical period from now into summer.
If the CEO can handle the stress I guess I can too. My part is easy and there's nothing I can do but give him time to see this through.
This is one bucking bronco of a ride for sure.
i don't believe any recent rain is a factor for operations. It was an unusually cold and wet winter across all of Sonora state - many warnings in the local paper about cold temperatures, rain and even snow but that's about over for this year.
That 10-Q was a downer but without continuing operations there is zero hope - and without funds there are no operations. The CEO is doing what he has to do - borrow from those willing to lend and at truly lousy terms to keep the crews paid, diesel arriving in tanker trucks and cyanide coming in bags or drums. We are in a critical period from now into summer.
If the CEO can handle the stress I guess I can too. My part is easy and there's nothing I can do but give him time to see this through.
This is one bucking bronco of a ride for sure.
i don't believe any recent rain is a factor for operations. It was an unusually cold and wet winter across all of Sonora state - many warnings in the local paper about cold temperatures, rain and even snow but that's about over for this year.
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