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Bullboard - Stock Discussion Forum Elgin Mining Inc ELGMF

Metals & Mining Gold

GREY:ELGMF - Post Discussion

Elgin Mining Inc > Today's N/R
View:
Post by Roxy10 on Feb 13, 2013 9:47pm

Today's N/R

Elgin Mining produces 46,808 oz Au in 2012

On Stockwatch.

Comment by Zola2 on Feb 14, 2013 4:45pm
News out, not good. ELG indicated higher cost for some quarters, expansion on hold etc. Don't see much happening for awhile. Also warrants no longer attractive.
Comment by the_ocotillo on Feb 15, 2013 1:11pm
>>>> Don't see much happening for awhile.<<<< I see too much happening. It doesn't seem prudent to spend $30m in CAPEX on both mines right now. I personally would prefer to see them concentrate on the Bjorkdal underground exploration and efficiency efforts and do as little as possible with the Bjorkdal open pit. (I know I'm really splitting hairs, but ...more  
Elgin Mining Inc
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