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Tuesday, April 19, 2011 7:24:09 PM
"The Company is now in the process of screening out its 0-3mm fines, which had accumulated around the mining site, into several massive stockpiles. This undertaking should be accomplished within 10 days, resulting in a finished product of 1-3mm fines that will be sold under a new contract while the company is preparing the second shipment. In addition to all of this, The Company is adding more heavy excavation equipment to increase production."
Except for the occasional rain delay day production continues as the Company has repeatedly indicated and as shown by the numerous photos posted on this board on a fairly regular basis.
They are doing two production related activities
-gathering and screening 1-3mm ore so it can shipped under a different contract than the 32 million dollar contract for the 3-18 mm ore-which is apparently ongoing.
-continuing to excavate and process more ore-presumably 3-18 mm-the main contract size.
Some source indicated that with the additional excavation equipment they will be able to produce 70k tons of processed ore/month by some point in this qtr.
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