Welcome To The CMC Metals Ltd. HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Re: question

Nov 25, 2009 09:59AM

The 2 posts following below can give u some insight about the questions you ask , the mill ( 80 TPD capacity with potential to expand to 300 TPD ) was expected to be delivered this fall but i haven't heard about it being delivered , as of july 31st 1500 tonnes of ore was stockpiled ready to be milled ,During the first two years 50,000 tons of ore will be mined by open pit methods prior to beginning operations below ground. An estimated initial 1,000,000+ ounces silver production per annum is expected at USD$4.45/oz breakeven. Out of memory i believe production is expected around end of Q1 2010 or beginning of Q2 .

Now the main problem right now is about the NI43-101 since 9/3 , it's been submitted nov 16th by an independent auditor but the BSCS boys seem to be stalling for some unknown reasons , it should a matter of days or weeks at worst before trade resumption .

Some of us here are outraged by the BSCS stall work me among them for sure, but so far the price of silver works in our favor and imo the stock should jump start on trade resumption but that's an opinion of course .

Welcome aboard !

Tec

 

Some news about CMB tectol

Aug 21, 09 06:26PM

Some facts and numbers tectol

Nov 26, 2009 10:18PM
Share
New Message
Please login to post a reply