Exciting news from WEM so far
posted on
Sep 24, 2011 04:01PM
(Edit this Message from the "Fast Facts" Section)
1,000 ounces to be sent to the refinery in Abu Dhabi for payment (REVS) in late November. N43-101 to be completed in 6 months (that's breaking NEWS to me--WOW). Confirmed that the smelter is on-site which shows I don't post BS even though it was a "rumor" at the time. Confirmed by CapDon its right behind the mill building. I want to know how much of the 800,000 tons of scrap have we used up already and if PQ mentioned to the shareholers how much the 800,000 tons are estimated to be worth. A few already have an idea. I bet we haven't touched 5% of it yet. Its also amazing to think that our scrap has more grams of gold per/ton than some companies that are trading over $1.00/share. I can just imagine when a PR comes out showing 1 of the veins with 2-4 oz/ton---HOLY $$$HIT
Now it makes sense why the other rumor of SFMI currently applying for the London Stock Exchange may be true and the TSX once the N43-101 is complete. When I first heard about these 2 stocks, rumor was BUYOUTS on the table once the 43-101 was complete and they get the appraised value of the Sinker in writing by a 3rd party Geologist because PQ would not sell himself short. Looks like this company is moving at a faster pace than I thought.
The milling operation will expand to more then 3 times its current capacity--I think we all knew that. 150 tons/day
BTW, notice how carmine was posting yesterday that his NY crew from "New to the Street" was not going to be at the SHM??? Let's wait for official announcement from the shareholers if they were filming or not. Vince Carusso (carmine's homeboy)stated on the phone with a shareholer that he and his crew would be filming yesterday and today. I love to catch people in their own pile of $$$hit. Also, mwalsh from IHUB posted they were to be filiming the 2nd episode yesterday. Also, can't wait to see the official announcement from someone that the emergency room and the exit are all complete so someone can stick it to towndrunk once and for all.
.08 and .045 for a GOLD PRODUCING COMPANY---Nowhere but Murphy Idaho--WEM