InvestorsHub Logo
Followers 38
Posts 1935
Boards Moderated 0
Alias Born 03/29/2011

Re: None

Tuesday, 08/13/2013 3:42:38 AM

Tuesday, August 13, 2013 3:42:38 AM

Post# of 101798
Sir, it is obvious to me that you have not seen the bigger picture.
Sney need the pilot plant because the majority of gold in the sands is very fine and can not be recovered by the dredges or plant they already have. Until the new processing plant is in SL OR, the terracing is in full swing then you wont see any gold.
Now they have a retained geo and his team working then the faster option may be terracing while awaiting pilot plant.
So gold in stockpiles is too fine to recover with plant they have so SELL the sands and get some revenue. Its all down to how bad sney want to succeed on the ground.
IMHO the above is why sney is looking to diversify into terracing and diamonds and looking at options. ITS ALL DOWN TO MANAGEMENT AND HOW THEY PERFORM.
Dredgemaster
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.