Tuesday, August 14, 2012 2:13:31 PM
From their press release dated 7-30
This other property was of immediate interest due to its ability to be put into production within 90 days
http://ih.advfn.com/p.php?pid=nmona&article=53644588
From a very similar report issued by Western Sierra last February
The companies chose the Gold Basin Mine as their first joint-venture project due to the mine being ready for immediate gold production.
http://www.globenewswire.com/newsroom/news.html?d=213914
WSRA seems to be sitting on a glut of "production ready" mines. So how much revenue have they or their partners generated from Gold Basin Mine? Remember a year and a half ago this mine was "ready for immediate gold production"
If a mine that was ready for immediate production hasn't produced any revenues in a year and a half how long before a mine that won't be ready for 90 days take to generate revenue?
Would appear that Joint Ventures with WSRA have not been all that productive.
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