RE:RE:RE:RE:RE:RE:FROM SEA'S Q1 REPORT RE: MTTnot an unreasonable plan. the 2 sticking points? 1) if you had the money, drive, and talent to move GS into production, youre probably looking at 6 years or more imho, and 2) how long until SEA and TC come under common ownership?........................1 and 2 add up in years.
stockzorg wrote: My feeling has always been that Treaty Creek is Phase I of a combined KSM and Treaty Creek development. Goldstorm gets mined first and the cash flow is used to build the MTT which is integrated into the mine plan from the outset. The MTT is then used for moving the KSM and maybe Perfect Storm material if it's economic, but by then the higher grade TC gold has been removed. Use of Goldstorm as the cash source for KSM development reduces the capital cost of KSM significantly. These are generational projects anyway and require generational planning.
Love to see the price of silver today since Goldstorm is looking like 200 million oz. Ag eventually.