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1manband

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1manband

Re: Isobar post# 2198

Wednesday, 12/04/2013 8:11:18 PM

Wednesday, December 04, 2013 8:11:18 PM

Post# of 3961

To answer your question, the aquisition of Noble, now United Milling is just to add another MAJOR revenue stream. That plant is to process the ore of other mining companies



That makes zero sense. Mines in the area are closing left and right. There are NO sources of ore that need third-party processing. Noble couldn't make a go of it at $1800+ an ounce gold (assuming they even tried) when the Nevada mining industry was booming. Why in the world would that have changed now that they are in a deep slump at 2/3rds the price?
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