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Gold/Mining/Energy : Copper Fox
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To: mudguy who wrote (8966)1/1/2015 11:59:49 PM
From: louel1 Recommendation

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Theotokos

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My point was Tetra T has nothing to gain and every thing to loose by producing a distorted Feas. It is true they have to have interaction as all onsite info. is from the work done by CUU. Off site info is verrified from other connected source checking. Ports, Hydro Ect.

Road and right of way costs & fees for the first 65 km of access that belong to GCMC were also left out of the BFS as there has been no agreement reached there. That cost reduces profits and could be very significant. Especially true in view of the level of the return, The Feas. acknowledges that it is a cost to be negotiated.
Any Changes to the existing GCMC road plan to accommodate increased traffic To & Fro Shaft Creek would require a new EA study. That could be viewed negatively by N/G while their holding is for sale.

In regard to the waste rock it states, "has the potential" (Mabye ? Mabye not. PFS~ BFS) But the assessment says it would be lower than average Thruput Spend millions more drilling to find it is not worth anything. Then end up using it for roads and prep material as they are doing. And where would the money have come from to do so. ? Another PP more dilution ? I would suggest they decided there was no advantage to be had.

Hog Clarification; , other than Alahambra. What other mines did Elmer himself as CEO, President or Chairman, bring into operation. I am not aware of any. Being a director on some board does not qualify as being responsible for bringing it into production. Not being nasty. I've researched his bio and simply can't find the other four.
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