EXN.TO The new production rate (4,500 per month) is more than they averaged last quarter (when they had water problems) but more or less in line with previous production rates. They haven't been able to make money yet so a lot will depend upon how much they can shave off the concentrating costs with this other mill. I'd have to look deeper into the past financials to discover why historically with such high grades they haven't been able to make any money.
EXN Looked at it some more and wouldn't touch it. Their 2008 annual report said that construction of their own mill was well underway and that all the equipment was on order or received. If that's the case why buy this smallish mill and abandon a mill that you have already invested heavily in that will produce less per day than your own mill was designed to handle. Makes littlw sense to me.
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