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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (2774)4/16/1998 7:25:00 PM
From: GlobalMarine  Read Replies (1) | Respond to of 3594
 
Richard: I agree. Given CHIP's success (as it were) with the pilot plant for its Tecopa properties, I've always figured the only way they can make Cochise fly is if there will be a ready-made plant out there waiting for them to haul Cochise ore in for processing. It's too much for me to imagine that the company can successfully build and operate its own processing plant, IMO. Fortunately, Maxam Custom Milling is arriving on the scene and may be able to process Cochise ore. I'm pretty sure that the COC sampling is only surface sampling; if it involved drilling, we'd have heard about it. So even if the COC numbers are good, CHIP will still need to drill.