InvestorsHub Logo
Followers 10
Posts 1681
Boards Moderated 0
Alias Born 09/17/2010

Re: brandemarcus post# 73

Monday, 02/02/2015 5:59:36 PM

Monday, February 02, 2015 5:59:36 PM

Post# of 88
Not sure what flooding you are referring to. Sterling lowered the water level and certainly new owners have kept the process up. Sterling lowered below 3100 level and was approaching 3700 level. Their initial production ( besides upper country) was at 2700 and 3100 level so flooding wasn't an issue. Any deep mine has to pump water out.

You make good point what review is going on about the fire that occurred. But wont go on forever. Kind of strange Sterling won National Safety Award but new owners had fire , and then last year someone died at the mine but mining is a hard business.