Tuesday, January 20, 2015 5:15:11 PM
I'd post a PR tween Theraflus. Only possible delay is JV agreement not finalized post Fresnillo inadequate bid.
We were NOT looking for experience, mostly financing and minimal share asked with Mexus as the producer. One damn good if not best reason if you check Fresnillo sites is elephant hunting goes on in elephant country. Their 6 producers are only gold and open pit in West Sonora and ALL neighboring Mexus. Any miner knows underground silver requires enormous resource to equal 63 time oz cost when making Au instead above ground and W Sonora is the latest to go online late '90s to present. Fresnillo just aint buyin any new underground silver. Just gold elephants. That's OK, as there's no real need to join a large herd of ladies serviced by a giant bull. One decent mature gent can service many smaller brood cows as sufficiently and the golden calf is ours!
"just got a text from pdent saying he's down with flu...so guess pr is somewhat delayed due to that....and/or possibly more finalized deal w/ tucson group.
personally was hoping for fresnillo deal....just to take this weight off pt's shoulders and have a group with much experience leading the production charge. am sure many feel same, perhaps you too. lastima that didn't work....boo hoo....but now onward! hope pt will provide a bit of explanation re why F didn't happen...but i imagine bottom line there is they didn't want to pay paul's price...or close enough.
may be nothing of mexus' like available in w. sonora...but it's a big world out there....unless lookers absolutely want to be in w. sonora.... but if it's basically decided it's going to be that be smaller tucson jv partner, i guess it's a moot point....
re atzek, i see your point but....i'm also a bit gun-shy at this point re anything having to do with people delivering on obligations. show me, i say....but guess we'll have to wait another month or so...
production of substance in april? all for it, but again....firmly in "show me" camp, with digits firmly crossed!"
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