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Tuesday, 01/09/2007 7:36:56 PM

Tuesday, January 09, 2007 7:36:56 PM

Post# of 42619
Just heard an interesting interview of Scott Lamb IR guy for Coeur d alene mines, the largest silver producer. He stated that their San bartolome mine in potosi will be fully operational by the end of 2007 and is their most exciting property with estimated reserves of 152 million oz. of silver. They expect to produce 9 million oz. the first year. They are also finishing completion of a $30 million tailings plant. This is encouraging since it show that the largest mining company is not scared off by the supposed turmoil in Bolivia and the threat of high taxes and nationalization. The interview can be heard on WallSt.net. The fact that they feel the tailings facility is important leads to further encouragement that fmnj is apparently on the right track.I await news from the company as to when they expect the pilot plant to be operational. Their initial estimate was for a month for startup to build the plant.