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Re: jjphillips post# 52429

Saturday, 07/12/2014 2:24:01 PM

Saturday, July 12, 2014 2:24:01 PM

Post# of 72908
I agree on #5. Fencemaker and Arabia probably won't be the first to be mined.
I imagine some here will be very unhappy and use this as a way of bashing the company but in reality it is just part of the change in our path and will get us to profits with less dilution much quicker.

5) I think we should all be prepared for Fencemaker and Arabia not being the first mines that are online. While Fencemaker is a good property, they've already given us a lot of hints about it potentially not being their primary source at first. I get the impression that it's going to require more money to make Fencemaker profitable, and right now there are cheaper and quicker sources of better ore.


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