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scubastevemd

02/27/12 11:52 AM

#56054 RE: falon #56053

I just worry because last year after a the rainy season nothing but the stock going down happened. We are about a quarter away from that period now and running low on time to get things done. If we don't then we could have a very long year with nothing but more pain. Being down I really don't wish to go through that again and them waiting to the last possible minute to get current and tell us what's happeneing is not haelping any of us shareholders as far as I can see.
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mikeymgd

02/27/12 11:58 AM

#56055 RE: falon #56053

Not sure I would go so far as to say they have processing equipment.

They really haven't confirmed that anything is onsite for processing. It appears they plan to ship concentrates offsite to a third party to process.

"This discovery warrants a more sophisticated initial process/separation treatment in what was previously thought to be an initial solution targeted at free gold"

"Beckmann remarks, "Because we have access to excellent analytical methods and existing processing equipment, I recommend that we conduct this process initially where we have adequate existing facilities. Once we have determined the highest and best methods for recovery and separation we will evaluate the feasibility of setting up a process facility near our Pampana operation."

I believe its all third party processing.