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Kidd

04/09/09 1:02 PM

#20582 RE: ABIGIDIOT #20580

I only posted the link to see if someone would debunk it. I did not post it because I believe what the guy wrote.
If we know it's untrue then we nip it in the bud and move on.
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Arnold25764

04/09/09 3:01 PM

#20587 RE: ABIGIDIOT #20580

Wouldn't make any sense to get a Big ole' Copper Mine and have no buyer and unless it was all for fun!! IMO
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FFF

04/09/09 3:39 PM

#20590 RE: ABIGIDIOT #20580

Hammer,

When we were at the mill in Feb. 2009, we discussed buyers for the concentrate with MD. He said they had been in discussions with several buyers and were not locking into anyone at that time. The price of copper was low and they wanted the flexibility to get the best price on the market when they are ready to sell. He stated that selling the concentrate is not an issue. For what it's worth, I believed him.

He did state (on Feb. 5, 2009) that the concentrate would probably go to Hayden, AZ, and if not there, then to China. He said he gets calls on a regular basis from buyers in China about selling to them.

Now keep in mind that this was a few months ago. But with the demand for copper increasing, I don't beleive that obtaining a buyer for the concentrate will be a concern.

FFF