Century Mining Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Century Mining Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LoneClone who wrote (394)	5/7/2007 12:55:50 PM
From: hubris33	Read Replies (1) of 545

Given management's recent track record I can't help but wonder what the catch is... 1. Resource is NOT 43-101 Compliant - will need more $ and time to get it to that level. 2. Resource is relatively small for a producing mine, only 500,000 ounces of historical. 3. Mine is a heap leach facility which tells me it is low tech with low (60% to 70%) recoveries depending on the metallurgy and the crushing/grinding. A Full FS might show that a complete grinding and CIL system could increase recovery. Of course that would mean Capital & Construction. 4. CMM is banking on the possibility of finding more gold in the ground and likely increasing production. However at the pace they've been operating I wouldn't bet on increased ounces until 2010. Unless going to 3 8-hour shifts means more gold production. Your thoughts? H3

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next