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Re: stock_peeker post# 860

Thursday, 06/11/2009 11:31:25 AM

Thursday, June 11, 2009 11:31:25 AM

Post# of 4380
Spoke to GORO this AM.

Bill Reid said things are coming along very nicely, but still no permit and cannot say when permit will be approved, when mill construction will be completed or when mill ops will begin. They intend to hire about 100pp for the mill (many local hires plus a few professionals from elsewhere). Mining ops are contracted.

What about PP? Doesn't know if GORO available cash in the bank will dwindle to the point that they must do an additional small PP.

Didn't really disclose anything earthshattering or new. IMHO Bill Reid always sounds optimistic, so one never knows what snags may pop up on the way to GORO's $ucce$$.

'peeker

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