Member Info for itsaduster

I am curious why this Miner doesnt do better. The grades from drilled samples seem dazzling in certain areas but most mining effort goes to the more ordinary SMC where we pull an unremarkable 14 gm/tonne. I think I saw a report describing volcanics and tuff deposits as associated host rock to some of the high grade ores !!. Also the share buying seems to be characterised by small orders and not much else !! It will be good if this is savvy miners getting the pension fund sorted. Other than that seems OK with prospect of all that development giving production uplift in the middle of this year. Shouldnt grade be nearer 25 g/t ??

If the second hole had anything to support the marginal find of the first hole the drillers and logging technicians would have phoned their brokers by now. Could this be end game.

Shell and BP also trying to make us rich ? Where does this stuff come from ?

But they are shortening. Credit to Managt and MM they cant be accused of ramping. We get just the facts as and when they are known. News a little below expectation? and the share can be marked down to match. Nothing wrong with that and from the MM point of view they may shake out some loose fruit. That would be good if one of the next two holes brings better news in the next six months cos then they can flog all that fallen fruit at a higher price, and I'm guessing thats how they make their living. Interesting to know there isnt much loose fruit left.

If you have been with this share for 4yrs you will remember the hype for the Aussie drilling only to prove a DUSTER. Then its of to I of W lots more hype, we bought a smiling land owner a nice new stable block and another DUSTER. Then into the North sea. Last time someone touched this one it was a good prospect but now problems. So now we are in Columbia. Do we have or know anyone who has the engineering reach to take a steam pump into jungles and up mountains away from normal civil and commercial situations. No. And guess what another misfire. Its all been pie in the skie promised by inexperience people who are using other peoples money to pay themselves fat saleries and producing nothing in return. Lets hope when they apply for other.......... We need someone who knows how to use a drill bit and then knows what to do when it comes up dripping oil !!!!!

Lets hope our partners in Columbia see some advantage in working with us. They will have seen something in it for themselves at outset. Maybe access to capital markets, technology and contacts to expand the company overseas? They dont want to be seen as not good to be involved with. The oil business is a relatively small world and shrinking. Most oil companies could buy us with their stationary budgets. So why dont they? Because we arnt producing.