Letting my imagination go wild...A Plan B for Sutter/Tyhee.
posted on
Oct 18, 2014 06:48AM
Letting my imagination go wild...At the "very least", should Tyhee not get the double digit millions to restart Sutter, perhaps a lesser amount for extensive drilling in order to increase its reserves would prove worth while. So, as stated in Santa Fe's News Release, “although no assurances can be given, we believe that once Santa Fe completes a resource drilling and engineering program, Santa Fe should be able to secure capital necessary to restart the Summit. We intend to execute this strategy with the support of our senior lenders and with a qualified strategic industry partner.”