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

To: LoneClone who wrote (31229)	1/29/2007 4:29:01 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 78417

FWIW, here's another perspective from the Stockhouse board. Has any other mine ever used this ACB approach, or is it unproven, making financing less likely? Hey guys, I'm a long term investor in RDV, but something here smells. To get approval (permiting) to transport on a river (two rivers) is NO small task, and it says, to me, management is in panic mode. Permitting: " In late 2006, the Company identified and developed an alternate access option, " That doesn't sound like they had been considering this option years ago. It sounds as though they found out late, the building of a road would have made the project non-feasible, and in a panic (not wanting to have ANOTHER non-feas released) they, "in late 2006" blert out "hey we're a'gunna take the river route". " Redcorp will make application to the BC Environmental Assessment Office to amend the existing Project Approval Certificate. Canadian federal government authorities will determine if there is any requirement to amend, " Will determine any needed amending? hmmmmm I wonder what they'll deterine......yes or no.....thats a tough one..........NOT ! The BC Environmental Assessment Office, yeah that should take 3 months....yeah datz it....... " This alternative is a transboundary route and therefore may require some formal process of review at the Alaskan State government level." Them too huh? 3 or 6 months tops... you betcha... " The Company believes that any necessary permitting amendments could be completed in three to six months " Are they saying that it would only take 3 to 6 months to get the government and ENVIRONMETALISTS to agree that hauling millions of tons of dirt and rock on two rivers would be a simple "amendment" to the existing permits ? Still long, but .....................

To: LoneClone who wrote (31229)	1/29/2007 5:33:50 PM
From: AFTP	Read Replies (2) \| Respond to of 78417

RDV hopes to start construction on the mine this summer. Redfern ditches Atlin-Tulsequah road plan Last Updated: Monday, January 29, 2007 \| 3:07 PM CT CBC News Vancouver-based Redfern Resources has given up on plans to build a controversial 160-kilometre road through the northern B.C. wilderness to service its Tulsequah mine on the Taku River. Rather than building a road from Atlin south to Tulsequah, company president Terry Chandler told CBC News, they've decided it would be cheaper and easier to use a specially designed river barge and tugboat to supply the mine and transport the ore. The Tulsequah mine on B.C.'s Taku River began operation in the early 1950s. The new transportation proposal is part of the company's feasibility study for the zinc-copper-silver-gold mine, released Monday. Using an air-cushioned barge would save the company about $45 million, Chandler said. Continue Article "It'll mean that the project will be quite robust, potentially able to provide benefits to the economy of the region for a longer time frame and at a higher level," he said. As for the salmon in the river, Chandler said he does not think the barge system would have any negative effect. Tulsequah mine owners say they'd rather use the Taku River than build a road to service the mine. (CBC News) He expects the new transportation plan will take about six months to go through any necessary environmental reviews. The controversial road had been granted environmental permits but the Taku River Tlingits, based in Atlin, and environmental groups continued to oppose the road. Chandler hopes to start construction at the mine site this summer and put it into production in late 2008.