Re: From Bundtzen NI 43-101 amended report June 2009
in response to
by
posted on
Nov 09, 2010 12:28AM
If the initial NPV and IRR values were indicated as positive and a favorable return on investment based on $700 gold and $4500/t antimony, well now they can double all their profitable numbers, justifying even more the reason to go into production. Silverado initially figured it would need a financing of $50 million to go into production, well with all the profit numbers doubled as a result of the increase in gold and antimony prices, wouldn't it be feasable then that it would only cost $25 million to start production???? Come on a measly $25 mil. for what could amount to hundreds of millions of $$$$$$$$, maybe a $Billion dollars. What do the financial people see that is stopping them? Sure the economy is bad, but the mining community is making record profits. This is a cash cow waiting to be milked !!!!!! Garry, "come on down" and "Lets Make A Deal" They have to be lined up at your door. Gold, Antimony, Green Fuel. Govt. Loans and Grants out there for "Green" projects and Rare Earth Elements !!!!!