GOLDEN PHOENIX MINERALS (GPXM)

[basserdan]

>>>Whats the capital outlay and the time frame for mineral ridge. This could be the one thing that could make drilling at ashdown more attractive.<<<

A very good question and one that, imo, serves to support my contention that expanding the proven moly reserves at Ashdown should be of the second highest priority.

The first being, of course, maximizing production efficiencies to help allay the costs of an initial exploratory drilling program.

It's not like MR is a slam dunk or anything remotely similar.

Take the time to check out the names of MR's previous owners and the futility they found in trying to get the mine to work profitably.

I'm sure someone 'here' could furnish that info as we have out-of-towners visiting us and I don't really have the time to dig it up.

Doug?