Aureus Mining - Re: AUE Stream Log - My enthusiasm for Aureus Mining...

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20:24 13/10/2016

My enthusiasm for Aureus Mining is waning in an atmosphere of little news and continuing problems. This is the sort of situation which rings alarm bells to me. Withholding progress reports and choosing to be very frugal with the truth is not a recipe to entice investors. We are now 6 months into the New Liberty restart, and all we see is a fading share price. There has been time enough to optimise conditions, and liaise with existing mines which use low grade ore, and seek advice. There has been time enough to despatch new inventory to the mine to ramp up the extraction process. Investors need information which addresses process obstacles, debt repayments, the amount of bullion being shipped and some forecast of future events. No good will become of this whole enterprise if these and other issues are not promptly addressed.

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