Eric, I am glad the information was of interest. I am a firm believer that gold will NOT be at current levels for an extended period of time and for that reason, I still believe that the properties FLA holds, have potential. I would NOT want to comment, however, on their economic viability (at current gold prices) no matter how much they increase the reserve. What FLA needs is high grade pockets and at shallow depth, that is what reduces overall cost/oz., for production, more than anything else. Almost any reserve size is, or can be, economically viable if the cost for production is low enough.
Calvin, the comment about the Antler Sequence, was that Steven "hoped" FLA would be able to define intersections with it. We all hope for something like that, but there is no suggestion that FLA has it yet.
Salut,
Leigh McBain |
