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Re: Crisco post# 10203

Friday, 03/20/2015 12:03:23 AM

Friday, March 20, 2015 12:03:23 AM

Post# of 11119
Think you got that wrong, they mine full time and mill full time now:

"For 2015, the mill will be run on a full time basis at roughly 60% of capacity to allow time to implement a long-term tailings management solution. The Company is in the process of finalizing a design that addresses tailings requirements for the foreseeable future at a relatively low capital cost. The Company expects to begin implementation of the solution in the first half of 2015."

Also the cost to sell an oz of PD is expected to cost $47-$69 less than last year, so even at the current rate of palladium they are still making more per oz then last year.

Now throw in the fact that diesel gas is a far cry from most of last year.. opex goes down... Looking like a win win all the way around.

Understand this is new management turning around a crap situation into a dare I say gold... No... Palladium situation




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