TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Re: Mill
7
M
Sep 02, 2010 02:16PM
4
Sep 02, 2010 03:09PM
1
M
Sep 02, 2010 03:53PM

M..

A mill at this stage and with our share structure..$$$$$$$$$ In the bank and is out of reach..

Find the ounces which are worth more in the ground with an Open pit recovery operation ,and SELL it...Get a great huge gob of cash ....an no share dilution...

THEN ...We go dig up some more ounces in the ground from all our other properties...and THEN we decide if we have the mother load..cheap ounces in the ground..THEN if we have enough cash..think about mining it our self..

That way we have no share dilution..lots of cash..AND a new mother load discovery..For us to consider mining it ourselves.....no chance..Too early in our life to go from an explorer to a miner..We are not a mining company..we are an exploration company..

Think Diamond Fields..Went from an exploration company to a mining company.once they stuck the drill ..not into diamonds,but 6-7% nickle in Voiseys Bay..Sold then to INCO for a couple of Billion with royalty rights..

That is our mission..

Dreaming days are over..time to get serious..

Portee

Share
New Message
Please login to post a reply