posted on
Mar 02, 2009 11:52AM
TODAY'S DISCOVERY, TOMORROW'S FUTURE
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Message: Re: PDAC
Brian stated that he could be in production (small mine, 500 tpd mill) for under 30 million. I think they are more pre-disposed to go that route. These were off the cuff remarks, but I would think he would have put at least a little forethought into it.
Also, Brian was quite adamant, and a little pissed off, about people saying that the veins at the Golden Mile were not minable. He stated that he has profitably mined veins with Hochschild that were only slightly wider (in general) than what is at the Golden Mile.
The Roxmark mine is small and old as far as I am aware. I could be mistaken on that, but I know Brian's body language when the Roxmark mill was brought up was not positive.
I also got the notion that they are close to signing a deal with someone in the area, but he didn't disclose any info.
MB
MB
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