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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: jackjc who wrote (48281)8/29/2007 9:25:49 AM
From: LoneClone  Read Replies (1) of 78430
 
Rosemont is now fully permitted. Water was the big issue, but they have already begun storing onsite enough water to run the mine for its entire life. The resource is also larger now than you would have seen when you looked at it.

IMO Augusta management has done a great job so far, and Sumitomo agrees -- they recently bought a PP well above the then-current pps for 8.7% of the company. What they are working on now is securing financing.

LC
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