Some positivesAll these years, I never new that there even was an east deposit.
So who was it that told permiters they were not going to strip because of low grade. I am guessing it was old operators.
They took the hearts out of the other deposits and when halos droped to .26%
they shut the mine. So the east pit could have .26% or higher if it has any higher grade heart.
Another positive. Management will not tell the mushroom crew anything.
No one priced any value for it before. I am not adding any now. All markets droped yesterday. So I do not think tko price had much to do with the east deposit issue.
I am also positive, the permit issue has nothing to do with h1 production.
Copper is at 4.31 and rising. So I doubt very much there will b much of a tko pullback.
What us mushrooms need to know. Is east pit in updated reserves or will it b an add on?? What is the grade and how many tonnes. Stuff that normal corps tell.
nf