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Re: hinkydink post# 52700

Sunday, 08/12/2012 12:51:04 PM

Sunday, August 12, 2012 12:51:04 PM

Post# of 67010
Good idea Hink, nobody seems to understand that time is of the essence. First, cold weather and concrete don't mix. Second, the pipe line has to be put in and inspected before the ground freezes. It's easy to think we have all the time in the world when we're sweltering in August, but things change fast at 10,000 ft. We can buy our selves a little time, on the erection, by getting the footers done in fair weather. Once thr dry stack facility is done we can work inside on the mill to get it ready to receive ore.
Everyone is assuming gold prices will hold forever, but what if they don't? What if a change in government administration brings
hope and change to the markets and economic prospects improve? Gold, which is hedge against uncertainty, could drop like a rock next summer just as we are bringing to mill ore.
Those that still think gold will reach $3,000 or $5,000 /once are bring unrealistic, IMO, gold has seemed to have leveled out at $1,400 to $1,600 /once. I may be wrong, but I don't think it will get much higher.
I believe Europe will evenually get its act together, and stop dragging down our markets.
To sum up, I think time is of the essense. And waiting until next spring, or summer to mill ore is foolhardy. I could be wrong in all my perdictions, but I think we should hope for the best and prepare for the worst. That's why I agree with HINK, that we should apply for multiple TR's and avoid the ammendment prosess. We all know how lengthy that can be. JMHO

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