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Re: HemiHead post# 59460

Thursday, 12/20/2012 9:23:32 PM

Thursday, December 20, 2012 9:23:32 PM

Post# of 67010
Study the past production figures of the mines and forecast the future production of them. The numbers indicate a handsome profit potential.
(And then adjust for increases in recovery technology since the mines operated last.)

However, expecting water from a well before it is dug is fallacious.
Likewise you can't expect profits from the mill before it is operational.

The POW was profitable when it was operational in the past. However, like most things in life, conditions (like the EPA laws) change. The mill is in the process of adjusting to those changes, as indicated by the progress with the partial DRMS permit approval. Only a fractional part of the original obstructions remain.

You seem to be looking for immediate profits. I, however, am investing in the long term for the historically proven profitability of the mill and mines. (I see more potential there.)
Different philosophies, which are not mutually exclusive. (IMO)


Don't take my word for it, Do your own research! Then you will know it's true!

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