RE: RE: article Link This is exactly the reason that Victoria has passed on the 2nd heap leach pad at Eagle.....Get the project approved as it was originally presented and then expand it after production begins. The "phased development" works because you are then funding future development out of existing cash flow and bye the way not offending local authorities by being arrogant.
Look, we have a good project here and it will only get bigger and I mean a lot bigger. But, make no mistake, Victoria can not do it by itself....they need a major to jv with them. My bet is Kinross is that major regardless of their recent problems.