InvestorsHub Logo

dgm3306

05/01/12 4:56 PM

#685 RE: spotfire #684

Not sure if you are aware of the work involved in establishing a brand new mine but all of these tests are needed, you can't just go dig a hole and hope for the best. These tests establish where the best/safest area to establish a mine is.

As far as why aren't they doing the test themselves, it is far cheaper to outsource this kind of exploratory work then hire your own workforce, train them, pay them pay for their benefits, pay taxes and pay for things such as unemployment and workmans comp.

I hope this answered any misconceptions and issues you have with the process and eases your mind as an investor.

dgm3306

05/01/12 5:05 PM

#686 RE: spotfire #684

Oh yeah, the company doing the testing for them isn't a new company but the same one who has been doing the tests over the last 1-2 years for them.