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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: Douglas Lapp who started this subject9/29/2002 6:11:29 PM
From: MilesM  Read Replies (2) of 34075
 
I'm surprised that no one has commented on the fact that the plant that will start on Monday has a capacity to 2500 TPD. I think this is great news as the company needs a capacity of 11,000 TPD to be profitable. Therefore, under the new plant (2500) we only need 4 more plants!!!

Under the old plant, we need 11 plants at 1,000 TPD each. (10 more to go)

I think this greatly reduces the wait time for the mine to be profitable.

That is very very significant in my opinion.

MM
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