Western Silver fka WTC

[echarters]

Wester Copper, now Western Silver. My read is that they need LOADS of CASH to start a mine here. 200 million. So it is not cheapie heap leacher to bang into production with pocket change that would build a donut shop. This is the weakness of the project. Mill money of that magnitude is scarce. And with the grades they are talking, it requires big scale full millin or go home.. we presume this is where the 200 million US figure comes from. The latest high grade results do not make the project suddenly a high grade thing, as it does not change management's focus, which BTW is short of laid-out plans to mill the thing.. they wave their arms about dense media separation etc .. but there are few squibs about how they plan to get the metal out or market the concentrates..etc.. as if every shareholder just knew that stuff.. These sort of things rapidly become paper plays.. there is no evolutionary development strategy..

EC<:-}