Re: Hydraulic fracturing revisited/Skier
in response to
by
posted on
Mar 20, 2011 11:41AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
" The one disadvantage Detour Gold have had to endure is the very large capital expenditures required to develop the infrastructure necessary for setting up the mining operations, something which GNH will not have to do, because everything is currently in place. "
Skier, I always enjoy what you post but you sometimes scare me. It is your optimism and confidence in this project. Do you have any doubts? From my prospective, it is my doubts that scare me. What has attracted me to GNH is the great prospect it is and it's potential. But it still has to prove itself, and especially to the market. I'm hanging around because I believe it just might do that.
Now, getting to your quote from above, I take it that infrastructure here means roads etc., or do you include a mill for producing gold? Sometime back I asked in a post about needing a mill to produce the gold, or is one close enough to use. No one answered. I know we first need to prove up the tonnage, but I am looking further ahead. This does show some confidence I think. Do you have any thoughts on this?
Liz.