Re: Notes from the Shareholder's meeting-Mill shutdown
in response to
by
posted on
Sep 26, 2011 05:52PM
(Edit this Message from the "Fast Facts" Section)
I don't think they'll ever move all of the above ground ore down. It would be decades worth, and they'll be processing newly mined stuff of much higher grade well before they even scratch the surface of 800k tons. At the last meeting, PQ said they would stop processing it as soon as they start mining. He said it sat there for 100 years, and it will sit there another 100. No sense using capacity for 3-6 g/t when you can process ore at an oz or more instead.