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CopperKen

05/22/09 1:33 PM

#23510 RE: just-the-facts #23509

I recently heard that a mining company(ies)went out of business in the last few years due to debt load relative to income. As RDG states, we need to know some numbers to be certain, but the estimates so far convince me this is a safe bet. I am not as concerned as others about LT financing. Rather, the share price will reflect the value, once revenues and costs are made public. If we can get a good deal on LTF then all the better.
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trueblue

05/22/09 1:33 PM

#23511 RE: just-the-facts #23509

Has anyone kept the calculator running on how much refined ore could possibly be on hand now? Or based on the 1,200 + tons a day the value of such refined ore now? Just curious what the figures might be now?