Medinah Minerals (MDMN)

[Goldstrike]

Beg to differ, especially as regards Alluvia. A placer operation, once ownership is established and permits and regulations are taken care of, can be set up in a remarkably short time. There is no ore to process and a minimum in the way of CAPEX, most of which consists of a small labor force, wash plant, and lease or property costs. None of this 15-20 year development time you will see with large hard rock operations. Why do you think that the "get rich quick folks" went into "them thar hills?" Of course, many came out with a "huckleberry."