SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Paramount Ventures & Finance -- Ignore unavailable to you. Want to Upgrade?


To: Diamond Daze who wrote (3631)12/16/1999 1:19:00 AM
From: Lazarus Long  Read Replies (1) | Respond to of 4884
 
DD,

Like it says in the release 100 cu/M per day from the test plant and future expansion.

Haven't you figured out yet, we are not going to get projections, especially from an alluvial property, from these groups.

We will get figures on ramped up production after they are at the new level not before. You were at the same meetings I was and I am very comfortable looking for that 300 to 400 cu/m. per day production to start with. Those were the figures we were given on the Rio do Sono and I see no reason not to expect the same from the Mato Grosso.

It was also inferred at the AGM's and in the Dec. 8/99 news release that once one operation was chugging along others would be brought on stream and again I see no reason to doubt that this is our future.

Lazarus