Gold Production in Southern Ecuador

6 million oz Gold & 27 million oz Silver

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Message: PDAC

PDAC

posted on Mar 08, 2010 11:28AM

I talked for a while and they figure they are 60-90 days from the good grade ore while continuing to mill and pour. They are awaiting the final contract with the Government and are guessing at 50% as the "fee". Very excited booth. They figure their cost per oz is just over $300. He also mentioned their first shipment of gold was to leave soon, heading to Switzerland I believe he said.

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