RE:RE:RE:RE:RE:RE:RE:RE:Latest Crux Investor Interview with John McConnellOCB1234 wrote: andre171 wrote:
You should study the subject a little more and you would know that Kensington, Rochester, Warf in particular are the opposite of a failure
Andre - Actually I have 'studied the subject' and when all is said & done, the Rochester expansion will probably cost as much, if not more, than the entire construction of the Eagle Mine. Krebs is really doing a number on CDE shareholders and has got to go. For your sake, I hope it happens sooner rather than later. Good luck!
The Rochestor mine has a 300million ton leach pad asecone 80million ton pad.It has wuithout 2021 addition of reserves and resources a minlife out past 2038 with their newest assets 600,00gold ounces and 20million or Wilcowith 1.5 million gold and 20million silver.
New power lines a large HPGR crusher tha gives silver recoveries in 2 years higher than the 20 .cuts strip ratio in half.Will have production 8 million silver 80,000 gold and freecash flow over 110million.
Everything state of art from poer lines ,towers,substation to Merrill Crow update already on pumps and controls including heap leach.
Lets see 1.8million tons of overliner compleated before winter season 1.3million in third as well as installation of new crusher that has incresed throughput.
Back to ex Rye Patch properties Lincoln Hills 1km from production 4 times rochestor reserve grade grade.Past N43-101 assumption was 750.00 gold ,Gold Ridge adjacent to Rochestor hit on 18 of 24 holes and Wilco the largest package with all three doubling Rochestor acreage to 40,000 acres.these projects also are gold dominant,
gold grade,E Rochestor triple resource grade and in pit below water table double rreserve grade..extending ERochestor to north ,successfull drilling west to Nevada Packard ..
Wharf set a record free cash flow of 74 million in 2020 and ha been over 320million since bought for 99million in 2015..And only had a total cap ex since 2015-2020 of 5millionincluding drilling.
Since acquisition ogf Paramount and driving twin declines joining DonEses high grade to Indepencia since completionjn 2017 for 15million. Palmarejo has been free cash flow positive.over 350million thru 2020 And 94million in only three quarters 2020 due to covid suspension.,Kensington record free cash flow of 62million in 2020..
What did you just look at the pictures and some graphs.