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

To: E. Charters who wrote (67974)	11/23/2009 12:33:49 PM
From: Earlie	Read Replies (1) \| Respond to of 78404

Hi EC: Good comments and I agree with virtually all of them. The deal at this end involves: - a mine that produced nothing but high grade ore for many years, all of which was shipped direct to the smelter. - no legacy problems - produced the highest grade ore ever shipped from a US-based mine - located on the same short fault that hosts a large, Barrick-owned, twenty-plus-year-and-still-going-strong producing mine - within spitting distance of an interstate highway. - accessible via automobile all year round - all permits in place - modest, in-place, fully-proven, high-grade deposit, the value of which exceeds the total cost of the company's complete exploration and extraction budget. - 43-101 compliant documents in place - mine and all equipment in place and in good condition (recently refurbished) - all infrastructure in place - publicly traded with modest amount of stock outstanding - 100 percent ownership - well documented targets (including serious geochem signatures stretching out along the fault). - excellent local skilled labor pool - well-liked by both local and state government - high quality board that includes proven mining talent with excellent track records Of course, most underwriters turn their noses up because it doesn't have large nuggets lying around waiting to be picked up. (g) Best, Earlie