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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: siempre33 who wrote (2285)10/18/2006 7:25:00 AM
From: jrhana  Read Replies (1) | Respond to of 3267
 
<Following the successful completion of the surface bulk sample, Roxmark
plans to further delineate its molybdenum resources in 2007 through
underground development, drilling and bulk sampling following the driving of a
production decline. Subject to continued success, commercial mining could
begin late in the year.>

I think for the layman (such as myself) there is some ambiguity there. I am sure they do not mean a decline in actual physical production- but rather the construction of some sort of angular hole or shaft driven at a declining angle into the ground.

Just guessing but I found the phraseology interesting.

Disclosure: Own a lot of RMKL