TSXV:AAA.P - Post by User
Comment by
Irulecrapon Jan 26, 2011 12:14pm
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RE: Is there a coverup Read # 4
RE: Is there a coverup Read # 4
1/24/2011 1:19:46 AM | | 549 reads | Post #29157916
I just had a 15min discussion with the who I think was the VP of Allana (Peter MacLean?) and here's some points he made
1)Property to the eastern side currently the private company is stilldebating weather to keep it or not. Allana's talked with them onseveral occasions but doesn't look like its going to happen near termnor do we need it
2) Water holes have water exceeding what the pumps can pull, looks like water is not an issue
3) Solution mine on the south-western side looks like where the mine is going to be situated.
4)It looks like they've started experimenting with the solution miningconcept and have found a way to dissolve both Sylvite and Kainite
5)Off-take Financing, Farhad is in China finalizing details next week,looks solid, I asked if it can be increased and he says that theChinese want too but its a matter of locking in the necessary funding