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Re: varmit post# 216136

Sunday, 11/24/2013 3:15:09 PM

Sunday, November 24, 2013 3:15:09 PM

Post# of 221867
Hey varmit,appreciate your post and enthusiasms but before you let the class go, please answer one very obvious question from this student.

With all that gold in tailings (100 mill) why are they borrowing 400k to file, why not just run the material, slues and pan out the tailings?

the only thing I can think of for an answer, is there is no tax on borrowed money, what other reason would there be not to use known assets to pay bills?

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