OTCQX:BGMZF - Post by User
Post by
boss_wazon Mar 13, 2014 10:59am
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Post# 22318010
[BL Mining]
[BL Mining]The production startup NR indicated that BL ore will be milled once the QR ore milling is completed.
It also indicated the mill will operate 24hrs/day (which should lead to short schedule to process the 15000+ tons of QR ore).
I would assume that in order to have BL mill feed ready and available once the QR mill feed is processed that we should see news of MINING startup at BL sometime soon.
The completion of the first tranche of the PP should likely cover the initial reclamation bond for BL mining...I would think...and the GOLD Dore produced from the QR 15ktons (in the next few weeks) should cover ongoing reclamation bonds as time moves forward....
So the snowball towards ongoing cash flow has begun.....has BGM made the switch from 'exploration' company to 'Production' company....?