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Sunday, June 16, 2013 10:59:23 AM
1.Conjecture is in an environmentally-sensitive area, and even if they are going "zero-discharge" , even if nearby mill has sufficient capacity, it will still take quite a whilebefore it can produce If a "few quarters" after that , say 12 months, that is extremely aggressive. New Departure a better situation, but realize to re-open a mine requires equipment, personne, inspecetcions by MSHA and if Montana you can be sure that there will be some state oversight.
However both properties if on a path towards production a plus for Chester.
2. Chester Sunshine claims- The old plan De Motte and Mclean developed Behre Dolbear spoke highly about both then, and in subsequent NI43-101 report for Silver Opprtunities said the same. Main difference strategically is that Silver Opportunities wishes to expand capacity significantly, and has capital for more drilling. So (a) It would seem key target areas in Sterling's plan at 3700 level and bleow may be reached earlier than in Stelring's plan (b_)De Motte and Mclean were very innovative and set in motion the "upper country" exploration strategy which evidently working out well. I wonder if this will eventually cover Chester ground. (c)Chester may argue it has APEX rights for veins that start on its claims- which could lead to possibility of payments due from more than just their claims.
I agree . I dont know when Chester will take-off but at some point it will and the leverage is phenomenal.
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