Re: res - its in the financials - it has been shipped and sold already.
posted on
Feb 07, 2008 02:31PM
If you had read the posts re: the 2006 annual meeting, you would know that the focus was changed from production of lower grade ore to developing the newly found high grade. They were also having mill problems last year when it was run at capacity and this change in focus allowed repairs to the circuit. Increasing mill capacity will require another portable jawand cone crusher, a ball mill and some minor equipment to get up to 1800 TPD. This set the schedule back and was also highly recommended by Cohen's group. When the development is sufficient to supply the mill they will most likely exceed projections. Just a few more months to untold riches. We are set for the long future with grades now that will keep this company going for 20 plus years.