Sale and concentrating in Mexico
posted on
Nov 10, 2011 11:04PM
g'afternoon Hoover, trucker etc. : Both good posts. In general, may I ask specifically on the Rof properties, just when did you, the ones that are unhappy, expect any profit other than sales, which at this point may be well into your retirement years.
There is simply too much to do up there and in short periods due to inclement weather with horrible expenses, even after / if the gov't actually does their part, in which they are surely dragging their feet to the N'th degree.
On top of that, there are the nations , they can also drag this out for years.
So are you willing to wait it out at approx. approx. $1,000,000 a year basic static expenses,with no drilling or other work, OR, to pick up some of the many excellent properties still available in Mexico and go into multi-all year production.
Just imagine what the production of 3-6 mines similar to La Yesca would be. This is money NOW.
I'll back Jim on this any time, even hock a few mules to truckalater to help pull his trucks out of the icy slush up there.
Incidentally trucker, am almost 1/3 of the way through with the printing.
Don Jose de La Mancha