No doubt a different spin all together. Now it becomes a much more expensive venture to try and mine underground, which wasn't even addressed in the PR. How will these new findings affect what they will do there going forward?
This is the part I don't get. "In addition, the economic valuation for the L.P. property that had been inclued in previous disclosures by the Company has been removed from the New L.P. report on the basis that there is no current economic analysis for the property."
So they don't know or can't give a valuation on a property they just dropped over $40 mill. on? Even if the inferred resources haven't changed the big question now is how much more will it cost to get those resources out of the ground?
So now it appears we have an underground mine, which changes the complexion of this purchase completely. I want to know now what it's going to cost per oz. to mine, export, and mill this Spanish gold. This deal is appearing to not be as sweet as everyone here thought it was. What else is new.
