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


To: AlphaRomero who wrote (66683)8/12/2009 7:35:13 PM
From: Metacomet  Read Replies (2) | Respond to of 78416
 
AR

As usual, there appears to be some liberal interpretation of what the company has said.

I assume the "production this year" was based on the company statement from July of this year, to wit:

"Roxmark’s current plan is to develop the eastern strike length of the Northern Empire mine by a decline and mine the area to the second level. Preliminary study indicates that production can begin within six months of completing development work."

roxmark.com

That is not quite the same as I claimed in my post to EC.

Still, all of the cautions spelled out by EC notwithstanding, this property is a hell of a lot closer to pouring gold than any of the current hotties like EAS, BVG, or EVG, all of who must,in addition to negotiating EC's minefield, first develop the infrastructure and obtain the necessary permits that Roxmark already has in hand.