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Gold/Mining/Energy : Atna Resources Ltd

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To: I_C_Deadpeople who wrote (70)	4/7/2006 11:29:28 AM
From: Amark$p	Read Replies (2) of 87

Well, IMO, best way to proceed is with toll milling given excess capacity in Nevada. That is, not necessary to build a mine or tailings. Just mine the gold and truck it to the mill. 12 months may be a bit optimistic, but not by much. Does not take much time to build the mine and start trucking the ore... With a possible 5M oz deposit, then Barrick may want to do [useless] feasibility study since such a large deposit would likely justify building a mill/tailings dam and add another 1-2 years to the mine site design. On site mill would lower cash costs... Trucking the ore ASAP is in best "short term" interest of ATN shareholders rather than waiting for Barrick to decide what is best to do for the "long term"... Would be interesting if someone could post a map of Barrick's existing mills in Nevada, to see how close these are to ATN/Pinson.

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