BMO Comments Takeaway's from the presentation:
- Big project and going to get bigger
- 2nd heap leach pad likely
- Expansion of resource likely
- Map of Victoria's Dublin Gulch area holding shows a very large District Scale Camp
- Life of mine likely to grow
- Production of Ounces likely over 300,000 annually
- We should get an updated resource estimate within the next couple of months.
- Financing of mine under discussion now with combination of debt, equity and asset sales.
- Economics are good and will get much better with higher gold prices and more production
Everything considered this was an excellent presentation and the applause indicated there was a good sized crowd attending. Bottom line, Eagle/Dublin Gulch is a winner and should only get better as the year goes by.
GLTA/rg