Tuesday, November 12, 2013 9:15:09 PM
Actually I assumed there was a nearby region of Oaxaca know as Monterey. We only have so many names and keep reusing them. My condo is just outside of the town of California, near the mouth of the San Diego River. That's in Nicaragua, not the USA. Just because I've never heard of it doesn't mean it doesn't exist.
I never even considered that Reid would be dumb enough to take on the Californian environmentalists. Even sitting on a gold mine, he doesn't have enough money.
I'm hoping to hear more about some of the other claims. We got some hints.
"The increase in 2013 principally resulted from an expanded drilling program, including on our Las Margaritas property during the first quarter of 2013 and from an aerial geophysical survey over our Oaxaca property trend. Exploration costs associated with definition and delineation drilling of the La Arista vein system are reflected in facilities and mine construction expenses.
"Facilities and mine construction expenses.
"Facilities and mine construction expenses during the three months ended September 30, 2013 were $5.7 million, resulting in an increase of $0.3 million when compared to $5.4 million during the
comparable period in 2012. Facilities and mine construction expenses during the nine months ended September 30, 2013
were $17.4 million, resulting in an increase of $3.9 million when compared to $13.5 million during the comparable period in
2012. The increase in facilities and mine construction expenses for both the three and nine months end ed September 30, 2013
was principally due to our mill expansion project that commenced in early 2013. In addition to mine construction expenses, facilities and mine construction expense also includes drilling definition and delineation of the La Arista vein system."
Dino
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