I wish you and others would answer the question asked ,insted of bashing me. thats what this form is for, providing information about the company, is it not?
For example :the company spent $ 43,660,927 in 2012 on the hinge zone and i and others do not know what the reserves were increased by that spending .A depletion charge $35,429,817 represents by their new accounting a decrease by $22,350,360 over the old depreciation method" which means they actualy depreciated (removed ore reserves) of $69,211,287 by the old method. So how many tons of ore was removed from the hinge zone and on what days,and at what grade ? What was the highest grade of ore removed on the best day, and when ? What reserves are left in the hing zone? By the old method they spent 43M drilling, removed 69M of gold reserves, and show an increase of 8M in book value. With all your smarts can you figure out how many oz of gold should be left in reserve on the Hinge mineral property? Do you think management has the proper system in place to understand what is going on? If you think they do, then they should be able to answer my questions.
