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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: E. Charters who wrote (2634)12/2/2005 10:39:28 PM
From: jackjc  Read Replies (1) of 78417
 
Well Roxmark only owns the 2M oz of hi-grade former production
and the rest was lower grade.

And to start you only need the capex for the best prospect,
how much is that ??

And then you need to put the profit into the next best mine
or it will take forever to mine them out serially.

My understanding is the moly prop is their present best chance
to cash flow enough to later get the gold production going
also, and that mill expansion is relatively inexpensive to 500T/d.
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