TSXV:AAA.P - Post by User
Comment by
loonie4buckson Jan 31, 2011 10:32pm
444 Views
Post# 18052956
RE: Makes no sense to sell any shares now:
RE: Makes no sense to sell any shares now:Something I neglected to say with my discussions with Peter MacLean, he quoted $100 a ton. Now I understood that to be because for the first few years of production the shipments will be trucked in until the railroad is built. AAA is responsible (from what I understood) from the AAA mining site to the transfer station at the railroad. I do not know the distance, but from the map I was shown it did not appear to be of any great distance. From what I gathered AAA is responsible for the remaining track to meet the main track or transfer station. But regardless, no matter the cost...it's still very cheap. From my understandings, the complete railroad system will not be complete until 2015.