Member Info for itsaduster

Please excuse me asking ..... but those attending AGM may I suggest that you prob the application of BOD time and energies to finding business. I believe there is a Female on our BOD who has business success on her CV. Havnt been able to find her on the AXM site. Something like:- How many Co do they talk to each month and how many meeting do they have with miners and resource companies each month.??? Do all BOD members have Sales training, experience, and presentation training and skills. I split selling from presentation with purpose as I don't view them as the same or even similar. Excuse me asking but thx in anticipation if you can get one in.

The main inference to draw from the identification of a thrust fault is the duplication of the strata (sedimentary or indeed igneous) This means if you are considering a tabular ore body then you end up getting it twice ....... once on the upper side of the fault and once on the lower side of the fault. So...... twice as much ore as you might expect if the thrust fault wernt there. This is the intention of noting the thrust fault........ I think. !! Contrast if the faulting is stretching or pulling apart the rock strata !! Then you get a barren area along the line of the fault the extent of which depends on the amount the two limbs of the fault have separated. It can be some kilometres. ie my West Rand Fault I mention on my previous post.

The plan is to keep the two mines separate in terms of the FS. Araguaia out end of June beginning July and Vermelhio some time in Q3. Vale already have done an FS on Vermelhio so we are just applying our view on the numbers ?? there !! Combined FS not in prospect it seems to me

.................. but am aghast at what Kabwe has done to our Market cap so far. Quite so !!! We need a short fuse when dealing with BMR and Borelli ( You cant say boo to me cos I know lots of boys in big money banking ) needs to be firmly put in place. Cant believe he tried to mix it with MTR ...... in cohoots with Paul........ then they were both nobbled. We need to learn the lesson and show as much direction.

I am into that stuff Bonkers ........... Another great read if you havnt already snaffled it is Sealous Scout.. Also get stuff on Shona, Matebeli, Tswana and Bamanguato. At the time of Selous there was quite an interesting Tribal tradition in the areas. Selous describes a herd of springbok taking days to pass his camp. I once saw a Zimbabwe Government Minister (Shona) punch up a waiter in the Dinning Room of the Churchill Hotel in Bulawayo (Matebeli) . I was with my Wife and kids so I had the good sense to go on eating my breakfast as if ........ well you would punch the waiter wouldn't you ??

SELL please .....look 4M sells 1M buys ....this is going to hell in a hand cart. Yeh pull the other one MMs bl44dy yankers !! Dhurrrr !!!

ngninv ......... like your style Dude !!. and ditto !!

I don't think so .......... we are in quite deep with BMR now. Nothing will be straight forward and nothing certain beyond today. I am beginning to think the future cannot be fore seen or planned or predicted in any meaningful commercial sense with BMR. There is to much scheming and smoke and mirrors for us to set anything up. I will back track if LC gets his meet with the Zam Ministry of Mines and comes out with a plan for bigger concentrator and plan for tack on Vanadium circuit this week with RNS next week. If he is getting the run around this week then I urge him to wash our hands and walk away. I don't think it will work there are too many wide boys paddling their own canoes and they will never be able to settle their interests together. We just sit back with our share holding in BMR and wait to see who blinks.

I like your style M8

The deals are important and we must assume CB can do the best deal. What we cant assume is he can find someone who has the skills knowledge and experience to get the stuff out and squeeze the gold out. That is our failure to date.

Wise words TBTT ........ as I have become used to from you. Uranium I have been watching but it seems the Kazaks will keep mining at silly prices for another 2 to 5 years. Some of the economics wrt nuclear fuel is also coming in for serious questioning recently so I am a little less enthusiastic these days. Certainly Hinkley is a complete cock up and way way over priced. Ditto Mali HUM is a stupid steal, Its my first stop once one of my other shares pops. I already have a top line holding for me but at this price I want more. Happy days MTR and SAV so far this year

WELL BLOW ME DOWN !!!

I seem to remember a figure around $150K though I am not certain. A good question to put to CB. I know I was pole axed when I read it. It was in the context of a salary increase being awarded at the time CB was rejigging things around the overheads.

AIMHO and DYOR and I know nothin

Jimmy00 I think the only real comparison to SOLG is that both are huge and country wide and both MTR and SOLG have had to leave some ground to others just to show we arnt greedy. Big differences are in broad brush terms as it is a while since I held SOLG so havnt read over their stuff recently 1) Kalahari Cu Belt is stratified and so viewed as having a sedimentary character. SOLG is more massive so ig/met in character 2) Kalahari Cu will initially be mined from surface (open cast) but SOLG probably straight into block caving underground mining.. Clearly we have a vastly cheaper and quicker route to profit 3) Kalahari Cu is in flat country ....... SOLG is in mountains. Clearly our deposit is cheaper and easier to access for expo and mining. 4) SOLG have a very significant and consistent Au credit. We have a decent Ag credit if slightly inconsistent. 5) I would have to say SOLG probably have a bigger deposit than ours but both will see 100 years of mining. 6) Kalahari is in Botswana so WE might have diamonds ....... only kidding !! ........... joke for goodness sakes !! 7) Both will be HUGELY profitable once established. But our way in will require much less capital up front and quicker profit and pay back (hence Rick Rule's interest) To detract from SOLG their costs will be quite big but They may well find something to open cast. Someone mentioned our lowly valuation compared to SOLG shooting up from 2p to 40p ....... 20 bagger in a very short space of time.. This happened because one of the worlds Giant Mining Houses (Block Caving specialists) got involved with a huge cash buy in ($40M if I remember correctly) In fact this is only going to be for expo. But they are spending huge on drilling out the deposits trying to decide which one to go for first. Again they will probably have to give up some of their ground so they are using the drill to decide which to keep. In our case we are using the drill to bring a deposit to be Mine ready. The excitement of the last few weeks is because we don't have to drill to see the best ground now we have a Geophys marker to go on. So our expo imperatives arnt such a constraint. As an aside the use of Geophys markers was first used on the Rand to indicate the continuation of the gold bearing reefs over the faulting onto the Western Rand. A man called Rudd financed by Rhodes used a magnetometer to detect the occurrence of a band of magnetite to the west of the faulting having calibrated against outcropping magnetite outcrops to the East of the faulting. This magnetite was a consistent stratigraphic companion to the gold reefs through out the East and central Rand. Rhodes then bought all the Mineral right on the west Rand blind. And Goldfields was established ........ Venterpost Libanon Luipaardvlei Kloof West Driefontein East Driefontein etc etc. This is exactly what we are doing in the Kalahari. Our hope is we can prove the markers onto all our property and make

Stinky poo !!

Yip sounds familiar !!

Say it Bob ??? What do you mean ?? . Are you suggesting the next report will show good production ?? Loadsa gold ?? C'mon Dude. Will this be before or after AGM. You can see how Bilbo feels ......spare that one poster some agony if you can ??

Might take 9 mths ?? to a year ?? We have been very unfortunate being caught in this national crisis. Everyone wishes the best for the People of Nicaragua.

Much of what folks say here obviously is correct. CB did a great job with re-jig of XTR. Got us so the fundamentals looked reasonable. Got contractors in ...... THREE of them !! But only one has produced and one has bu$$d owf and the other is ..... well who knows but he has nearly $0.5 M of our dough and hasn't produced a penny. Now we can twist and turn but one thing is for certain ON SITE OPS ARE RUBBISH_**** and we are now loosing money and soon to be needing cash ie cash call coming ?? Folks its BAD very BAD. Time is up we need to mine. Every day without production is a day lost forever and a dollar we have given away for nowt. I have urged CB to get a production savvy Production Manager ....... he cant do it ?? Never could !! TIME IS UP !!!!!!!!