Post by
realitycheck111 on Feb 25, 2017 7:21pm
Another Midway Gold?
Low grade with maybe 60% heap recovery requiring agglomeration. High grade intersects, big deal unless it comes together as millable. Whats to evaluate? The pad and processing facilities exist and surely existing drill data indicates some amount of minable "ore". Should be a slam dunk not to reactivate. Right? At least that is what they are packaging.
Comment by
realitycheck111 on Sep 06, 2017 6:12pm
Why isnt this project entering production with permits secured, existing facilities, reserve, and positive economics? Yes, I know they need more money, but with these factors, shouldnt it be a slam dunk? No one interested in giving them a bag of money.
Comment by
nvguzzler on Sep 06, 2017 7:14pm
What's interesting is the staff onsite has sent out RFP's for pad construction and contract mining. But, the staff says Pershing is still looking for financing. Read below Pershing Gold CEO's conversation from June 8, 2017. https://www.streetwisereports.com/pub/na/will-relief-canyon-be-the-next-mine-in-nevada