Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: TheBusDriver who wrote (55994)	1/26/2008 9:22:10 AM
From: loantech	Read Replies (2) \| Respond to of 78435

I think so. USA will have quite a bit of milling capacity counting the Coeur, The Galena, The Calday and the Day mines. They need labor and to finish clearing and rehabbing that tunnel. They have the silver, lead and copper. New resourse should show 10 years of reserves which is very good for an underground mine. <The Company is in the midst of completing the rehabilitation of the Galena shaft and this will become the main ore and man transit way. Currently, ore is being hauled up the lower portion of the Galena shaft then moved to the smaller number three shaft to finish its journey to the surface. Even with no increase in the workforce production, they should benefit from the efficiency boost of returning the Galena shaft to full working order. Less ore handling, shorter times getting workers to and from working faces. The Company is also contemplating adding copper silver ore production from the Coeur side of the property. There are copper silver resources near the Coeur shaft that could be used to bolster production. Currently around the Coeur shaft are idle, and lead silver ore is being hauled one-way in a drift between the Galena shaft and the Coeur shaft, with the haulage carts returning empty. If some production were to start in the Coeur Shaft, the haulage carts could be filled both ways, improving efficiency and bolstering production.>>>>>>>>>