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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (8703)3/31/2006 10:53:06 AM
From: hubris33  Read Replies (1) | Respond to of 78417
 
Thanks for that perspective. I guess if a guy is going to invest $10MM he wants control over how it is spent, and thus the 32% position?

most of the exp prop is in a difficult area to permit if
they did find something.

I dunno, it seems like it shouldn't it be hard to permit the exploration area that is essentially 'next door' to this mine, right? After all they have been through the process. Or are there particularities about the Argentinian government that would effect this?

it is a small mine.
Can you help me understand the 'rule of thumb' cut off for 'small, medium and large' when it comes to a silver mine? My guess is the small/medium line for a gold mine is around 50,ooo Oz per year and the medium/large line is around 200,ooo Oz per year. Right? What are the equivalents for a silver mine?

H3