Okay. I'm trying to get a handle on geotextile tubings. Basically, tailings are what's left over when you separate the ore you're after from everything else during a mining operation. A lot of this waste is nasty(cyanide, arsenic). Apparently, the largest liability for a mining operation is properly handling these tailings. The geotextile tubes allow them to reuse water--since water passing through the tubes can be reused (tubes completely capture tailing waste).
So, if the geotextile tubes work, it will cut their operating costs and liabilities. So, it doesn't appear that the production will increase at all through this, but it does mean they can do it cheaper.
The news forthcoming is bound to be mixed in my opinion ( I bought 10k shares of this last week--I'm brand new to investing and am learning as I go). A live operation will not be as effective as a lab setting. Engineers can well expect this.
The environmental requirements put forth by the government are probably quite steep as well. It may be that mixed results are no results--they can't use this method unless it's 100% effective.
Obviously, this kind of company has a much better shot than many others. It doesn't depend on people's taste. It doesn't depend on fads. It's pure, hardcore engineering for resources. It will either work or it won't, and it will either make a profit or it won't. If it does when gold is in this state, then the moon's the limit.
It may go up a little if the news is mixed/positive.
I'm not trying to be a downer. I'm just ...offering a realistic appraisal.
I hope it works out though.
AI
