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Tanzanian Royalty Exploration Corp. Message Board

  • so_much_for_the_fundamentals so_much_for_the_fundamentals Jan 9, 2012 10:16 PM Flag

    IAM Gold/Buckreef Project

    "Hah. The mine was closed because it was hard to mine and didn't meet production expectations. The easy to mine surface ruble is a pipe dream. Where is that mentioned in the Buckreef 43-101 report. Oh I forgot IAMGold decided to drill $100 million worth of holes but skipped the easy to mine surface ruble. Sinclair had to retract that statement as it violated Canadian disclosure regulations. You won't find that press release on the TRX web site."

    "Long term the stock is headed to zero. The company will eventually exhaust all the cash raised this year. The marquee project is Buckreef, which the previous developer a large well capitalized company said was uneconomical."


    With posts such the above, I find it interesting that you claim that you are here just because you "take a special interest in countering misinterpretations, incorrect and misleading information".

    Care to post a link to the $100 million that you claim IAM Gold spent on drill holes at Buckreef?

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