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Message: Next week

May 14, 2010 05:24PM

May 14, 2010 05:29PM

Next week looks like a real convergence. It's been announced :

1. That the mill will begin producing gold and silver for sale on Monday (not sure if it means shipping concentrate to the smelter or the smelter refining previously shipped concentrate).

2. That work on the Sinker Tunnel will begin on Monday.

The $24 question in my mind is how is the reopening of the Sinker being financed before revenue from selling gold and silver starts? Is it backing from the same source that financed the mill or another source of financing? Does it have anything to do with initiating the listing on the Brazilian stock exchange?

So next week we should see news confirming the start of work on the Sinker, news about the production or sale of gold which may also include information about the grades ofmaterial being processed, and maybe some news about financial backing.

Next week should really be interesting.


May 14, 2010 07:50PM

May 15, 2010 10:49AM

May 15, 2010 04:12PM

May 15, 2010 10:04PM

May 16, 2010 09:13PM

May 17, 2010 12:25AM
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