Talk to any miner and they will tell u that the main costs of running a mine is opening up the mine, buy the equipment and removing the top soil and after that it is profits all the way.
No gold means everyone is fxxk and have to sue the geologist who did the survey and soil test. Anyway so far Korek King has got some gold on the surface. dont know whether it is night time he went there to shit gold or not.
Gold is the verge of breaking ATH.Korek King must be very worried to lose in this boardroom tussle. He and his son need to mop more in open market. The tussle will become more exciting when the EGM approaching.
Limamber, thanks for the info. After reading every shareholders should attend the EGM and ffook off this Korek King who has been koreking our money. I hope there is an online meeting so that I can ffook him as I am currently residing overseas.
The sudden appearance of Limamber is part of the build-up to the EGM. Video evidence to support the complaint is a possibility. Freddy Lim may have the evidence to support the complaint. Let's hope that a copy was sent to MACC.
Korek King, have u been sleeping well these few nights? Looks like your own people are also going against u. One of the nominated director to replace u is your finance manager. He must have a load of complains against u to switch camp.
more drop in the price to come. Legal suits demanding for 20.4mil in compensation, whereas this company total cash is under 8mil, this company may go under if they lose in this legal suit.. scary, best stay away from this counter
KUALA LUMPUR (Aug 1): Borneo Aqua Harvest Bhd (Bahvest) said it has successfully commissioned its gold processing plant.
In a filing with Bursa Malaysia today, the marine fish trader and breeder company said the gold processing plant has also commenced its gold production commercially.
Bahvest said it will make the appropriate monthly production announcement in due course.
The company ventured into the gold mining business in Sabah through the purchase of a gold mining company, Wullersdorf Resources Sdn Bhd (WRSB), for RM131 million back in 2015.
Last year, Bahvest managing director Datuk Lo Fui Ming told The Edge Financial Daily the group expected to see the full impact from the gold mining business in the financial year ending March 31, 2019 (FY19).
WRSB had obtained a 33-year sublease to set up a gold mining operation on a 317.7ha plot in Bukit Mantri, Tawau, Sabah, from Southsea Gold Sdn Bhd. The plot is part of a 1,000ha land that Southsea had secured mining rights to for a period of 35 years — from Jan 1, 2014, to Dec 31, 2048 — from the Sabah government.
" (c) From September 2017 to April 2023, Wullersdorf has been conducting gold mining operation with structure.......wrongfully occupying Southsea Gold's Mining lease land...."
Seem like more than 3 years wrongful occupying the land, where to find this so kind landowner…..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bullballs
1,138 posts
Posted by Bullballs > 2023-04-28 11:13 | Report Abuse
Talk to any miner and they will tell u that the main costs of running a mine is opening up the mine, buy the equipment and removing the top soil and after that it is profits all the way.