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


To: alpharomero.com who wrote (67568)10/15/2009 12:31:46 PM
From: tyc:>  Respond to of 78421
 
I won't join you in speculating what's in the minds of management. Let's not get ahead of ourselves !

I seem to recall that they are proceeding to a feasibility study, but I cannot find the reference this morning. In the meantime we have a PEA... a Preliminary Economic Assessment... fully detailed on the excellent website. Its figures sure paint an attractive picture, but they are "preliminary". I'm patiently watching closely.... as no doubt are others.



To: alpharomero.com who wrote (67568)10/15/2009 12:37:01 PM
From: alpharomero.com  Read Replies (1) | Respond to of 78421
 
Hmmmm...I did some digging and see that AME's grades at Ajax are much lower than NGD's Afton grades. Makes me concerned a bit...

Ajax: 0.3% Cu and 0.19gpt Au
Afton: 0.98% Cu and 0.72gpt Au

Am I missing something?

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Sources:

marketwire.com

newgold.com