Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Re: NEWS PREP

Oct 12, 2010 09:33AM

Oct 12, 2010 10:17PM

Oct 12, 2010 10:29PM
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Oct 13, 2010 09:32AM

...So now Redstone Mine has "deteriorating ground conditions". ....not unusual in the mining industry. I recall some of the levels back at Creighton sloping down like ski hills. Bad ground could be cause by a number of factors so the usual thing to do is avoid minind the area. Liberty can build its shaft at the Red Stone as this ground is of the right density. The old INCO anomaly still sits below the 3000 ft level and is their for later mining once the low hanging fruit is mined. I recall when INCO had the Red Stone up for sale and the drill logs were availible for viewing, never seen them my-self but i did hear stories.......as for McWaters is "more blocky and discontinuous than expected" nothing is a given when adding up unknowen gound as you would have to perforate the ground to death only to be 60 % accurate............... And here's the real kicker, "This has negatively impacted the expected revenue to be generated during 2010"...... The mill head is your true reading and LBE will see better grade from the sub mining........any way negativity always creates buying opportunities. Traps7

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Oct 14, 2010 12:00PM
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Oct 18, 2010 10:36AM
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