Silver has slipped back a bit after failing
to clear 15.00 -
A break of resistance at 15.13/15.14 will do -
to return a better measure of confidence to
the underlying bull uptrend -
coeur.com
I think the San Barto project -
wlll open up the rich Cerro Rico -
veins from the side -
and to open up a good incline -
wide for trucks to drive up and down? -
to ventilate the Golden oldies workings? -
CDE - old workings - soon to be bigger -
coeur.com
FMNJ Silver LT building a strong bull flag -
Ag - soon to new beakout? -
The largest Silver producer in the world -
CDE is contructing a nice new production plant at -
the border to -
FMNJ Cerro Rico mine property -
Total proven and probable reserves of more that 150 million
ounces of silver are contained in surface gravel deposits,
or pallacos, which lend themselves to simple,
low-tech surface-mining techniques. Of the several
pallaco deposits which are controlled by Coeur and
surround Cerro Rico mountain, three are of primary
importance and are known as Huacajchi, Diablo
(consisting of Diablo Norte, and Diablo Este)
and Santa Rita.
The facilities will be located near established industrial
infrastructure in the historically silver-rich area of
Potosí, Bolivia, where more than two billion ounces of silver
have been mined.
The building of the new mine is expected to generate as
many as 1,000 local jobs during construction,
and approximately 200 full-time jobs during operations.
The project will also establish a foundation, called
Fundespo, to assist in the development of new local
industries, such as silversmithing and tourism.
coeur.com
CDE is a very neighbour to FMNJ -
Cerro Rico Slver Mine project -
Imo. Tia.
God Bless America
siliconinvestor.com |
