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"I believe that the best thing for EEGC right now would be a Dry Hole by OEH. If OEH were successful, MRT would be bombarded by some serious hitters." posted by Heraclitus Dec 22
THANKS HERACLITUS
probably not many, because until very recently , iron ore was less than $26 / ton. It's about triple that now due to increased demand from China. You said there was no iron ore mining in Baja, Mex. I proved you wrong so now you are saying there are none who ship out of Ensenada????? What's next...There are no iron ore mines in Baja who ship out of Ensenada to China.....somehow this means they are a scam. Maybe they are, it would not surprise me at all, but you are very unconvincing, your " facts" wrong, and your logic sub par.
State of northwestern Mexico, occupying the northern part of Baja California peninsula between the Gulf of California and the Pacific; area 70,113 sq km/ 27,071 sq mi; population (2000 est) 2,487,700. Its capital is Mexicali. Cotton, wheat, olives, and vines are cultivated. Industries include fishing, food processing, soap manufacture, and mining for silver, gold, lead, copper, iron ore, and kaolin.
http://encyclopedia.farlex.com/Baja+California+Norte "industries [in Baja] include mining for iron ore". it looks like you don't know what you're talking about.
thanks. If GSPG starts production in August, how many tons per day do you think that equipment can process?
I'm confused, or maybe you are. You keep saying over and over that you want them to give estimated production costs numbers. Why? But you made it very clear , you don't believe anything they say. You don't believe their EPS estimates, or revenue projections. If you think they are a scam , as you suggested , maybe you should run away. If I thought it was a scam, I would say so once, give my reason, and then quietly go away.
This doesn't give production costs, but does give projected revenue , and estimated earnings per share. Here we are at 2 cents; one year from now we are supposed to have 2 cents per share earnings. http://finance.yahoo.com/news/Jaguar-Mining-Enterprises-iw-3175999810.html?x=0&.v=1
this might give a rough idea of production costs,[ from another company ], if the ore grade is similar. http://www.marketwire.com/press-release/Cotton-and-Western-Mining-Inc-975457.html
both out of Houston
something seems funny. Is this company connected with CWRN ? Cotton & Western [ CWRN ] is also based in Houston, has a large holding of iron ore in Mexico, and is planning to start production in Jan. 2010. What a co-incidence.
I think you are confusing 1/4 oz gold per ton CONCENTRATE , with 1/4 oz gold per ton ORE. I think we have the first , not the latter.
I called, and was told they can process 20 tons a day.Two guys with shovels can do almost that much.
i hate to be negative, but that pr doesn't sound good to me. they're giving up on many current projects because they are too risky, or not $$ feasible; and go look for new opportunities. You are not going to find good deals in the oil patch right now. the time for that was 3 -4 years ago. notice all the oil and gas companies doing well [pun] aquired properties and deals 3-10 years ago.