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Re: stock_peeker post# 920

Saturday, 08/29/2009 12:05:31 AM

Saturday, August 29, 2009 12:05:31 AM

Post# of 4376
Good point.
The Reids have made very clear,they are not collecting a resource to last indefinitely,they are about production.A 10 year mine life is their model.
Once production is making money,a lot more exploration and drilling will occur.It is realistic to expect an increase in production,as our reserves increase,thus mine and plant expansion.
The really interesting phase with GORO might actually be the increased drilling on our properties and the subsequent possibilities revealed.For now,productionis enough to have me happy.
Incidentally,very good volumn through today.
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