Excellent posts today!
in response to
by
posted on
Oct 30, 2011 08:17PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
A couple of points. I do not think it would be too difficult for the company that takes over Tesoro to begin their mine. As alluded to previously I think (from the pictures of the area) that it would be entirely feasible to bring up power directly from the Acari River area. I don't know about the water issue-how much a large mine will need, reclamation etc. Other issues such as road etc. are not a big problem.
I would guess the deep drills have been on the property for a short time, and should be extending three shallow holes. Using the shallow holes slated will save a lot of time. Whether one or three deep drills are there is unknown. If only one, there would be a question whether or not a result would be forthcoming before the meeting. However, and hopefully there should be some penetration of the large anomaly by the shallow drills, and since the grades improve with depth, a report of the anaomaly top should cause a lot of excitement.
Sculpin came up (again and again) with some interesting findings re the disseminated gold values. I wonder if anyone has come up with a figure for the open pit portion of Tesoro? This in itself should add some confidence in a base line share price.