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

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To: marcos who wrote (23064)10/19/2006 1:04:03 AM
From: jackjc  Read Replies (1) of 78418
 
marcos, right on all points. I think of them together also as
both are world class projects.

Metalline seems almost certain to go into production, CUU much
more iffy. Infrastructure excellent for MMGG, non-existent for CUU
which will not have local workers, though the overtime
rules now make 14 day rotations practical. (Previous majors
exploring Schaft would have had killer overtime prod costs IMO).

Maybe a major difference, the Sierra Mojada manto being feased
has about a 10 yr life (we will know when the mine plan is
released) but Schaft Creek could possibly be mined for 50 yrs, depending
on metal prices, it is that big.

Though MMGG has more zinc beyond the fease, and could find lots more.
The Samsonite manto has about another 35% alone.
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