Re: Northern Miner article - good read
in response to
by
posted on
Sep 25, 2014 11:58AM
I assume you are referring to the former TEMBEC people. Well it's no biggie...but if they were smart they would take shares in lieu of cash and hope for gold to correct.
They are ways to go ahead and mine PRB's portion....could take 15 to 25 years of mining if they find on east limb.
Their might only be 500,000 ounces in situ...(for about 30-40 million Real Value).
Start the mining plan as Joint Venture partenrs they will need to spend money.?
Can always mine the open pit is gold hits 1700-2000
Need to see how the deal is layed out.
Best would be to find east limb old ava claire property a similar find...keep borden