Buddy, the company is preparing you for an ugly Q3 result. Anyone clue in to how this company starts off its news with something so eye catching. Then as you read on the cracks in this company come out in the fine print below.

So now Redstone Mine has "deteriorating ground conditions". Their words, not mine. The good news here is that the Chinese own the mortgage on this once to be a major source of revenue. Remember the "Inco Anomaly"? Well I guess it was just that.

And now McWaters is "more blocky and discontinuous than expected" than what SRK promised. Their words, not mine.

And here's the real kicker, "This has negatively impacted the expected revenue to be generated during 2010". Their words, not mine. Surprise surprise. Someone want to move the needle on this record.

Even I thought this earlier release (without the details) would just maybe be the turnaround for this company. Remember how the lines of credit would be eliminated in Q3 & Q4? And oh, next Autumn the preferreds would be redeemed. Sure looks like the path we're on is heading in that direction.

Lets just hope the upcoming MD&A does not have anymore negative surprises in it like last quarter. Like extra borrowings. For all the technical advances this company crows about over the last 5 years, theres just one thing missing - the profit motive!

And how about Hart. To start breaking ground in April of 2011. Someone want to share with management that the long term debt is ALL due in May of 2011.