InvestorsHub Logo
Followers 65
Posts 13304
Boards Moderated 3
Alias Born 01/11/2006

Re: Kfed post# 8637

Friday, 12/08/2006 3:21:56 PM

Friday, December 08, 2006 3:21:56 PM

Post# of 78704
Read the release again. Towards the end it states they are going to build a plant to increase to 100 c/y/h.

"Based on an assessment of all available information, Senior Mining Consultant Norm Pearson has concluded the following earnings projections are possible at just 100 yards of ore processing per hour. This projection has led to his recommendation for Drake Gold to expand to a larger plant. The following estimate includes the increased costs related to the expansion of operations to a 100 c/y/h plant. The cost and projection explanation and available information will be posted on the website: http://www.drakegold.com/default.asp?Page=OperationsJackpotProjections"