Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: E. Charters who wrote (50130)	10/8/2007 3:45:44 PM
From: marcos	Read Replies (2) of 78421

Got to Plan-the-Mine and Mine-the-Plan nowadays, or you don't get the money to start it up in the first place ... even Sir Harry would find this the case now, probably ... i do think it's sad you can't drill off two or three years and then build up out of cash flow, but that's the way it is, maybe you could do a small narrow-vein operation underground, shipping to somebody else's mill, but no way could you raise big capex for open-pit and get the economy of scale Excellent post though EC ... on the other one, in re political risk - it's absolutely crucial in most all cases to have the locals strongly onside, this is particularly so in Mexico, and probably most places to the south ... and this doesn't mean just government of the estado or provincia or whatever [in fact in Mex. the federal is more important], it means the actual locals at ejido and municipio level - land tenure for whatever use is set out in the constitution, where the basic ethic started out, and is still supposed to be, Tierra y Libertad

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