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cliffvb

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cliffvb

Re: researcher59 post# 70751

Monday, 04/23/2007 2:16:23 PM

Monday, April 23, 2007 2:16:23 PM

Post# of 173815
R59, QUA is currently operating the Robinson mine located in Nevada. Output is 125 mil lbs of Copper per year and it has an estimated 10 year mine life. Btw, they purchased the mine from BHP for $15 million in 2004. BHP had spent $480 million to develop it but closed it when copper was 64c.

They also are developing the Carlota mine in Arizona. Production is expected to begin in late 2008. Mine life is projected at 9 years and production is estimated at 66 mil lbs of Copper annually.

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