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Re: box927 post# 574

Thursday, 09/27/2007 12:50:22 PM

Thursday, September 27, 2007 12:50:22 PM

Post# of 14330
Yes, Hollister does not require a gold mill/processsing facilities. GBN will contract out the gold processing facilities and simply haul the gold ore via truck. Plenty of excess mill capacity along Carlin Trend (everybody built a separate mill). So best IRR results from toll milling the Hollister ore.

If those takeover rumors are true, then I would expect this to occur before year end. Maybe Hollister is sold and the proceeds used to develop Burnstone is a possibility, personally I prefer GBN keeping both mines.

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