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08/11/12 11:23 PM

#52701 RE: hinkydink #52700

Actually you really came to the same conclusion that I did, Hink. As long as they don't drag their feet between reviews and approvals, the TR's would seem to be a quicker path.
I know the Amendment process would include another public notice and objection process for CGFI to go through.
I would need to check the Hard Rock mining Rules about the TR process. If CGFI can avoid that, the Technical Revision would be the way to go.

kuni

08/11/12 11:36 PM

#52702 RE: hinkydink #52700

since everything that needs to be done takes time to do, it might be best to submit under TR 1 step at a time. MT is right a TR flies under the public radar. only so much cgfia can do at one time anyways. besides, you never know when the buyout scale will tip in the company favor

RKYMNT4

08/12/12 12:51 PM

#52719 RE: hinkydink #52700

Good idea Hink, nobody seems to understand that time is of the essence. First, cold weather and concrete don't mix. Second, the pipe line has to be put in and inspected before the ground freezes. It's easy to think we have all the time in the world when we're sweltering in August, but things change fast at 10,000 ft. We can buy our selves a little time, on the erection, by getting the footers done in fair weather. Once thr dry stack facility is done we can work inside on the mill to get it ready to receive ore.
Everyone is assuming gold prices will hold forever, but what if they don't? What if a change in government administration brings
hope and change to the markets and economic prospects improve? Gold, which is hedge against uncertainty, could drop like a rock next summer just as we are bringing to mill ore.
Those that still think gold will reach $3,000 or $5,000 /once are bring unrealistic, IMO, gold has seemed to have leveled out at $1,400 to $1,600 /once. I may be wrong, but I don't think it will get much higher.
I believe Europe will evenually get its act together, and stop dragging down our markets.
To sum up, I think time is of the essense. And waiting until next spring, or summer to mill ore is foolhardy. I could be wrong in all my perdictions, but I think we should hope for the best and prepare for the worst. That's why I agree with HINK, that we should apply for multiple TR's and avoid the ammendment prosess. We all know how lengthy that can be. JMHO

567tbd

08/12/12 1:16 PM

#52720 RE: hinkydink #52700

It's a good view, but, wally specifically said that guyer could not do that.

567

GL