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Re: dmbao post# 35790

Monday, 01/12/2009 8:41:58 PM

Monday, January 12, 2009 8:41:58 PM

Post# of 165854
It would be expensive to mine what's under the lake, though probably feasible. Maybe this is an area they would look to after making considerable profit on the East side product.

I also noticed that the Phase I recommendation in the Hawk report is extraordinarily high. 300k for a Phase I assessment is over the top. Hopefully the Phase I will tell them more than what they already know. You could almost use the Hawk report as the Phase I for the property.