RE:RE:RE:RE:RE:Squeezing higher! closed at 6 month highs again!!!ok, straight from the website of Trevali Mining Corp as of December 31 2019 (which is 9 months ago already)
Santander: 2,000 TPD mill, proven & probable 1.86 Mt so, even at 80% run time (1,600 tpd) that gives 2.8 years from Dec 31, 2019... so about 2 years from today.
https://www.trevali.com/operations/santander-mine/default.aspx
Perkoa: 2,000 TPD mill, proven and probable 2.06 Mt, at 80% run time about 2.5 years from today.
https://www.trevali.com/operations/perkoa-mine/default.aspx
I understand Trevali also has measured and indicated resources at both sites, but those are not the same as the current mine reserves. Reserves are what the mine is currently, resources would probably need further investment / analysis.
So based on the above I'm not sure my comments are that rediclous, if they are, please tell me why.