GREY:RIOAF - Post by User
Post by
raisethebarron Jan 10, 2010 8:37am
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Post# 16660579
Credibility of Information
Credibility of InformationOvis and Even,
Read this,
La Arena is another gold/copper project close to Shahuindo, currently under development by
Rio Alto, with similar grade and 4 M oz/Au in resources, and also at $400/oz cash cost, and will start producing 50 million oz/Au in late 2010. They recently raised US$6 million in the Lima Stock Exchange (BVL).
Worth watching the stock.
WS
12/12/2009 Shahuindo Blog
The Blackwidow spreading stories again 50 million ounces! humbug, 4 million ounces at what cutoff widow? $400 per oz cash cost? and they haven't even completed metallurgy.