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Re: TMLonggun post# 10298

Monday, 09/26/2016 11:33:57 PM

Monday, September 26, 2016 11:33:57 PM

Post# of 47603
TML thanks for the num crunching and perspectives. Pretty to very comfortable with your conservative case at Rancho especially if we can get some help with the Milling. With the surface grades not a stretch to see the 20 year window for mining this claim. At or possibly above your conservative case of course depending on the Geo.

As we have discussed regularly La Herradura will most likely end up at least producing 16-20 million oz of Gold in her near 30 year run. With the last 6-10 being the biggest bang due to their vein thickness at the base of their skarn. (based on what they are saying they are going to be producing it must be or dang close to one)

Not saying we are there but not saying no either. Just still thinking we hung on during some setbacks and now at a pivotal moment events at La Herradura's evolution gave us perhaps the best shot from an operational and production perspective. More money resources MIGHT have been better but think the other competencies will surpass. Timing looks real good market and Diesel wise. How much will we try to go for with a 43-101, and where do we end up?

Ok need to get the mill situation optimized and BANG! and BANG! some more.