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meltinglass

02/08/12 11:22 AM

#65043 RE: sarshee #65042

They(jv) should be able to do good imo.
sgcp has gained much experience mining since they have started, which will save much of trial and error for the jv.

I do see your point though, at least there will be more mining than last year so an increase in production is expected.

go sgcp!
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awhitefish

02/08/12 12:28 PM

#65044 RE: sarshee #65042

I think your correct about John's JV. They will probably get the equipment delivered, set-up and running towards the end of the season. As far as the other JV possibilities, they may be on the ground already and are
just looking for more concessions. I'm guessing that is part of what Doug is doing over there right now.

Fish
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Pro-Truck 14

02/08/12 12:35 PM

#65045 RE: sarshee #65042

your absolutely correct,

no one can, how ever I don't know any of the details on where, what, how, and why, to comment any understanding.

they entered into an agreement with SGCP and Doug outlined the agreement to a point.

information I have gotten has just been out of conversation and from what I understood from one of them is that the area in question for the JV has black sand piled up or concentrate as well. I HAVE NO IDEA where it came from or if I may have misunderstood the comment.

suffice to say, once the JV is on the ground over there and running only then will we know, so spending alot of time worrying about something I cannot control is a waste of time and energy.