RE: NEWS!! New Acquisition!! New Plant and Pro...Thanks for the distance. I was looking that up and just got back from the distraction...
I didnt know the distance between the two but, just being in the vicinity (and not in a snow/tundra/permafrost belt) it should be economical with the high grade material... That kind of material used to be hauled straight from a mine and 'muled' to the smelter... Just having ONE stinkin little 20 ton truck a day hauling 'high grade' oops... I mean BONANZA grade material to OUR 250 TPD mill in the 'vicinity' (150 miles works for me. 1, maybe 2 round trips a day until theres enough $ to build a mill on site... OR BUY ANOTHER ONE CLOSER... either way. Win.
1 ton of 500 opt = ~ 5500. 20 tons = 110,000 (one decent size truck load).
A day.
Every day.
All month.
All year...
Soon. A mill on site and drilling's been paid for, etc. I'm sure those of us who dont mind waiting for a few months to dig a tunnel and soon after have some nice cash flow for a while (keep drilling while hauling! And making other deals, etc!)
The cash to dig the shaft could come from the "Tara Gold is now poised to benefit from production cash flow from 3 of our projects." (today's NR)
AND
"Tara Gold Resources Corp. is a precious metals exploration and development company with existing production. Management is focused strongly on building the mining production base and becoming a significant gold, silver and mineral producer" (today's NR)
So...let everything automatically take care of itself in the next year and we'll still own Las Minitas 100%. NO JV. 400? mm oz? more deeper?
hmm...
Palladn