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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (22533)10/10/2006 12:28:28 AM
From: jackjc  Read Replies (1) of 78411
 
Tom, I looked through it and I never understand these complex
processes. Or the simple ones for that matter.

But they claim 900MT of .90% Cu equiv, a monster value if they
can separate and economically recover this huge polymetallic
dep. Claim the biggest base/PM dep in N. Amer.

Was not economic with the old tech, but they have run tot of 50T
bulk using new processes with better economics.

Hope they can get into full scale mining to prove it, and with
the huge capex savings they enjoy by buying the old Cliffs
plant they have a head start.

The advice is to concentrate on world class size projects, and
you certainly have one in POM, good luck with it.
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