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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (16462)7/17/2006 12:31:13 PM
From: jackjc  Read Replies (1) of 78413
 
Tom, MMGG does not necessarily need a buyout IMO. The GTI
group they have working designed and built the Scorpion mine
on schedule and budget. Resulted in a turn-key operating mine
running at 90% of capacity at turnover time.

Lets see the Mine Plan completion expected in 3-4 months to
see the profitability (will show RESERVES and mining costs),
only need to add refining costs which are well defined.

With the right numbers I think MMGG can raise the capex and
keep the mine. And all the other zinc, lead, and silver deposits.
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