GREY:BYVVF - Post by User
Comment by
dutchy31on Jun 13, 2013 9:58am
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Post# 21519703
RE: RE: RE: RE: RE: RE: RE: NEWS!
RE: RE: RE: RE: RE: RE: RE: NEWS! I would like to point out a couple of key things to keep in mind. The intrinsic value of the Burns Block consists of a number of value components in addition to the resource hosted there. There is a portion of the gold-silver resource in the bordering 17 Zone that will be left in the pit wall if the open pit cannot be extended onto the Burns Block. There is also a strategic value to the Burns given it’s location relative to the current mine plan and the fact that it offers some of the only non-swampy land in a very boggy area (potentially an ideal place to construct some of the mine infrastructure). Operating cost savings could also potentially be realized if the entire land package is consolidated. Furthermore, the Burns is endowed with robust silver content which could provide for a stronger hand in the negotiations of a silver streaming deal to help finance the mine development. So its not only the gold in the ground to mention but a lot more!!!!!!!!!! GLA