Member Info for itsaduster

looking for 1,600p per share by end of 2nd quarter fiscal 2012

I think we had a good poor for the first monthof the second quater for fiscal 2012 By the end of the year I suspect a special divi will be in order. Iwasrightduster

Aint exactly gunning it But we are at 100,000 ozs a year so it aint bad.

Thanks Mate.......no disrespect intended.....I just seem to remember I was unsure wether to pitch to another miner or not. I think there are quite a few exminers on this board Regards duster

I dont know your background but there is no future if this Co cant bring in its development and on that we have no news. Unless one of our posters can give us some local news we are floundering. Part of the development is difficult work and can only be done by a few hard men. ( Raise boring is almost certain not for VGM yet ) Part of the solution might be elevated bonuses but then safety will be an issue. Also I seem to remember that Manager Mining was about to retire. He was a very gifted Miner and very practical..........in fact ideal for VGM. An I of beam here and maybe he isnt retiring. One man can make all the difference ie KLG.....since hiring their heffy grande their production has sky rocketed and share price about to follow as second and third quater production is announced. So if anyone has ear to ground near the mine give us a shout on the board.

And the sp drops Suggest the two buys are conneted

Finished above 100pTwo or three days at these loft hights then up into pastures new.

below in My not very humble opinion

For this share to move past 100p I think we will need quarterly production reports ( 2 ) which show clearly that the mine has got to grips with its poor development history and this is feeding thru to its grade and tonnage. Also some good drill cores need to be pulled which indicate availability of near term decent grade material which previously hasnt been in the equation. We should be ripe just about now for an exploration update at latest I hope by February.........still you know how these these things go the MMs seem to dictate when news gets released. We are at 2p in old share price !!

Interesting read Thanks I agree young Lenigas isnt my cup of tea either. I am a big fan of Paxton though and I do understand this Mine So I am in and think Lenigas to be just palin lucky to be in on this one. The rest of his stuff he can stick where the sun............. crackerjackduster

Looks like a solid downward channel to me I shall wait until that breaks Even with todays break it hasnt happened yet

I am banging on a bit I know, but I am not clear what is left here but note your post below so help me !! Vietnam I think is off the burner Crater Mountain is not going to make the grade Morobe.....heavily drilled by Barrick and we are down to about 10% interest and at 5% we get closed out in favour of a 1% royalty of 5%..........so thats dead. Wamum.....49% and Newmont about to start turning the bit. Golphi 2Km away from our boundary but the geology doesnt suggest continuity into our area otherwise someone would have poked a drill hole down if it was interesting. So thats it .......!% of 5% royalty on a possible Barrick strike at Morobe. and we are just beginning an exploration drill from scratch on Wamum. Mmmmm we are 5years away from the possibility of good news arnt we ??? I know my post reflects the rather jaundiced news but we are all into reality checks thes days. Any idea when Newmont pull their first core ??...........thats possibly our first possible trigger on sp. Regards duster

The rise over the last week looking a bit dirty..........MMs??

This is heavy. Not much to go for now......Pu Sam very pedestrian with long exploration programms in view if it is to become a mine........5yrs plus with endless cash calls Crater mountain......ditto really ...no one is going to rush in here. So what are we here for now. Anyone ?? Time to cut and run maybe ?

I still think sea water is a better prospect. If we arnt in the main mineralized area then we need to spot it soon. 0.5 g/t dont do it for me

Just PI loading up of IC Its the Institutions we want Back down to 6.5p then

Sweet !!

So what you are tellingus is you we dont own any interest in Wafi Fcuk !!!!

Two big lumps left in the area Wamum in with Barrick here and a lot of drilling done. Morobe in with Newmont here and lots of drilling done here too. The big spur is the Wafi find with some 4m oz and Cu credits to and low cost extraction. The relevant Q is since this is hard up against our licence does it cross the boundary into our licence block That is why we are here and we wait the answere.

says Crater mountain is about to get the chop as grades just arnt there. There is more gold in sea water They are recommending a buy but based on their other stuff Also Barrick have moved an exploration team out of South America and into SE Asia so thats good.