Well, when one visits the mill and hears it direct, you'd think it would be "on target".... you should try it some time.... visiting the mill that is. You'd get alot of your questions answered and would help to lower your stress and anger...
BTW, yesterday was another incredible visit to the mill...again. People, hang on...!!! we are very, very, very close. We still have some challenges but seeing the mill up and running was amazing... its working and it will start producing saleable con / cashflow very soon. The head engineer was very satisfied with progress so far.
BTW: To add to Cobre,
Another concern was their cash position...very tight but they said "we are survivors" and it will be taken care of. Still in talks for LT financing but its based on consistant production / saleable con which is days away. Right now they are funding operations through ST loans with stock as collateral which increases the O/S and A/S but are really not issued/sold and will be retired some day. Dumping of shares, IMO, is not happening...
They have "proven up" billions of lbs of copper. The area is loaded with resources and we've only scratched the surface. The industry knows about the project...
Long term plans are to add a smelter but again we have our plate full right now and they know it.
Fairways took pics/video which he will post later... glta
jtf
AI
