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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (3748)	12/30/2005 12:00:41 AM
From: zoo york	Read Replies (1) of 78419

Hi Wayne! I know that IPT has plans to upgrade some of the equipment at their recover plant just to ensure that it operates efficiently. Longer term, they have plans to increase the capacity, and they are even considering building a brand new mill and recovery plant on the property if the metals prices continue to rise, and if they are successful to outline enough tonnage to keep a larger operation running. I think IPT has less work to do to accomplish their goals then GPR. As far as I am aware, all of the Mexico start-ups are in at least the same boat. The list would include FR, EDR, GPR, IPT, and ECU. Each of these companies has had to make decisions on investment of capital to improve their recovery plants. You will be able to add UC to that list early in the new year, another junior that is acquiring a producing property and will face the challenges to optomize their operations. cheers! COACH247

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