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Re: lesgetrich post# 61475

Monday, 02/11/2013 9:24:37 AM

Monday, February 11, 2013 9:24:37 AM

Post# of 67010
I agree IF mill is operational by September/October, and since apparently within reasonable distance there are producing mines, benefits of transportation costs etc shoud lead to some custom milling business.( though having different elements in the ore can make it more complicated the milling).

On the mill isnt there a payment due in June ?

If those financing arrangements for more convertible debt are still open, that would be one path to raising funds which I guess we will find out on the next 10q how much was drawn down, though I would have thought an 8k would be filed as they drew down on any such convertible financing.

I still project 150 to 200 million shares because I highly doubt company doesnt need working capital to re-open the mill,and even if they re-negotiate various debts some cash will be needed to keep the doors open.IMO





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