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Re: mikeymgd post# 75294

Thursday, 01/10/2013 11:56:17 AM

Thursday, January 10, 2013 11:56:17 AM

Post# of 101798
Mikey, THERE IS NO SHORTAGE OF BLACK SANDS ON SNEY CONCESSION.
So they now have a buyer for the afore mentioned.
The trick will now be to see if they have the wisdom, and know how to extract the biack sands concentrates at a profit, if the can do this then all well and good for future cash flow and eventual pilot plant.
I still think that the obvious FREE GOLD could be extracted at source and the buying of gold would add extra revenues.
Having sold the stockpile that was readily available they now need to ramp up recovery of black sands concentrate through Dredging and land mining and also purchase black sands from local sources.
Only then will we see a pilot plant on Sney concession. IMO
Dredgemaster.
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