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Message: Re: $5000 Gold ?
6
Feb 18, 2010 09:00PM
4
Feb 19, 2010 08:10AM

Koala, I tend to agree. There are at least two reasons that likely will prevent starting production by late 2010:

  1. Even if we were financed today, the process of getting the bulk sample, finishing the processing plant design, ordering the equipment, installing the equipment, would likely be too tight to finish in 2010.
  2. The hard rock mining permitting process is ongoing but probably will not complete in time to production mine in 2010, anyway.

My hope is that by this time next year, Silverado will be able to complete construction of the ore processing facility and start operations. If they design the mine for year-round production (which they can), all the better, we could be off to full time year round production bu Q1/11.

In the mean time, they finish the design, procure the equipment, complete the permit, and get 4 warm months of 24/7 deep drilling, down to the real high grades. That will be quite exciting.

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Feb 19, 2010 09:47AM
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Feb 19, 2010 09:59AM
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Feb 19, 2010 12:02PM
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