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Re: 8thaero post# 1612

Wednesday, 03/25/2015 9:33:02 AM

Wednesday, March 25, 2015 9:33:02 AM

Post# of 47601
Thanks 8, Looks like their La Colorada mine is closest to Rancho about ~25 miles SE of Hermosilla. Has gold grades close to what we appear to have but more silver. Cost per oz of $620 is pretty impressive. Saw they had cash draw down last year due to prices and investments. Listed TSX but HQ in RENO.

So not Noche close but in the same district seem aggressive with some decent properties. Will hope for a PR from HQ bringing us up to date on what our options are for San Felix. Any idea when we might get something? Probably easier raising $$$ in Canada has gold is over $1400/oz in Canuck Bucks. They are more optimistic about the price of gold as a result.