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Message: last news release

last news release

posted on Apr 05, 2010 11:10AM

I notice in the March 31 news release the following:


Successful exploration of the deeper extensions of the new near surface zones may justify the consolidation
of the Rice Lake Mine, together with the near surface zones into one larger, more efficient production center.

Any ideas about what that would involve?

Downside: More private placement to raise cash? More share dilution? More delays in production?

Upside: More efficiency would indicate more volume at a cheaper rate. So in the long run obviously a good thing, but any ideas on time line on such developments?

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