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Re: losing money here post# 124

Tuesday, 06/12/2012 2:38:57 PM

Tuesday, June 12, 2012 2:38:57 PM

Post# of 192
Placer mining in Alaska that far north is typically mid-June through mid-September; 3 months. And weather permitting, they would try to stretch it as long as possible. But the length of mining each year isn't nearly as important as how productive they are. The company has stated they expect 10,000 oz in a full season, more with a second wash plant. The fact that they aren't mining the rest of the year is meaningless.
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