NYSEAM:SVLC - Post by User
Post by
shermandrockon Jan 26, 2014 2:26pm
233 Views
Post# 22135369
We will likely hear from Sandstorm regarding the UG
We will likely hear from Sandstorm regarding the UGIn late Nov, Eric reported that they had 60 days from the "trigger date" which he asserted was "next week". Still to be deceided at that time was the price. He suggested that they were $2M apart.
Check out the new presentation and the pictures on the website. The ball mill seems to be installed. The ball mill picture was takedn 1/24/2014.
Here's what to expect in the near term:
- drilling update SE [ extension of MMT, tortuga, chalupa, cholugo chalunka.....whatever]
- possible reports regarding the testing of the imdividual components that comprise the "ore processing infrastructure" at SE. Start up anticipated "late Q1". These folks are such sandbaggers, IMO we'll see it mid-Feb [ yep, talking through the hole in my head ]
Oh, and I calculate $0.04 per share. The NR asserts that they are intent on decreasing costs. Any cost savings would be to the benefit of the $0.04.
Yep, just random thoughts on a Sunday afternoon.