GOLDEN PHOENIX MINERALS (GPXM)

[ItsAllCyclical]

>> Mineral Ridge, I shake my head here because I have said this over and over, 1 million dollars and 18 months or less and MR is online. <<

Well in talking w/IR several month back they were very quick to clarify that it would be more than 1 mil. More like 6-8 mil was their best guess. Not sure exactly how the estimate breaks down though.

I do know that they will change the method of mining used at MR previously as it wasn't economic and went against the original FS as I understand it. New method should lower costs.