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Re: johanferm_swe post# 960

Tuesday, 02/11/2014 12:00:38 PM

Tuesday, February 11, 2014 12:00:38 PM

Post# of 1191
Nice find Johan, good things to come.
Two points from the report:

If things go as planned, the company
expects the Bishop Mill to be operating in
May 2014 as they are currently installing
a new 40,000 ton tailings pond.

The company has $500,000 in cash and
the remaining budget to upgrade the mill
is only $300,000 which leaves them
some room for mining costs and other
expenses before they start cash flowing
from operations.