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Strategies & Market Trends : The Ego Forum

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To: Amark$p who wrote (10590)9/15/2011 9:22:27 PM
From: hubris33  Read Replies (1) of 12175
 
Thanks for that good summary of Mansfield Minerals!

A good question for that project is - What are the CapEx costs to build the mine? I am guessing that they are high since the project is high up in the Andes. [though not as high as Barrick's meg project.]

I suspect t hat Leask Brothers will sell the company rather than go into production. They are good exploration geologists and not mine builders/operators! They already have another company and exploration work going with that one. If they were to go it alone, the shares will take a BIG hit when they have to raise 200+MM to build that mine.

So from this point what is the upside potential of adding some MDR.v shares? 25%, 35%, more?, less?

H3
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