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Post# of 112467
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Spanky227

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Spanky227

Re: es1 post# 92261

Tuesday, 03/31/2015 11:43:10 AM

Tuesday, March 31, 2015 11:43:10 AM

Post# of 112467
That post is wrong. A JV partner would need to repair a 60 foot raise to begin commercial production. 95% of the costs are not needed. Since NBRI paid for the rehab and owns the wash plant they could get a nice fat royalty for the mine. NBRI would get more than 20% for owning the mine and first pick at the nicest nuggets.

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