Maybe great news for Standard, TWG ,
US Property, Atlanta Gold Mine, Idaho
Recommendations For
Further Development
Based upon the recommendations of the l998 Behre Dolbear scoping study, the Atlanta Project will
proceed into final feasibility and permitting as a conventional heap leach or a heap leach with heap
bacterial oxidation of the transition and sulfide portions of the ore body. Behre Dolbear has
recommended the following additional work be completed in preparation for the final feasibility study:
Obtain a representative bulk sample of the ore body for the metallurgical test programs.
Carry out definitive metallurgical test work on heap leaching and bio-oxidation.
Complete the necessary developmental drilling to prove the additional resources incorporated into
Case 3.
Perform any remaining required baseline environmental work and prepare an Environmental Impact
Statement based on current development plans.
Finalize Monarch Greenback buy-out.
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Continue buy-out negotiations with 20% minority owner Quest USA Resources.
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Maybe the money is getting closer, their stock is flying high, they can raise MONEY at the drop of a pin NOW.
I figured 5 per oz,X 200,000 = 1 Mil U S in my books.
That sure would look good on the books of Standard.
Wish TWG the best of luck, they do good, Standard will get some BUCKS to drill with.
This gold stock prices really stinks, AEM should be over 10, its only 8 1/8.
SDMCF, well the bid did come up .05, its going to take some more time to get rolling, but once they get the ball rolling, it should be right in the middle of a nice gold boom. maybe 400, the way I view it.
even little CUSIF, bid doubled.
lets see what happens to gold price next week.
this is only the start < IMO. >
HAPPY TRADING. |
