RE: NEWS!! New Acquisition!! New Plant and Pro...Just a thought:
"Picacho has been intermittently mined by the current owners and includes an extensive processing facility that was operating at a rate of 250 tonnes per day. Shareholder value will be created by adding operating efficiencies, expanding daily throughput and operating days per month, along with expanding the existing resource."
It doesnt say anything about JV'ing this one... Hmmm... About 150 miles, huh?
Interesting... only talk about "Shareholder value will be created by adding operating efficiencies, expanding daily throughput and operating days per month, along with expanding the existing resource."
"existing resource" is also interesting... We need clarification on condition, etc.
Comments?
Palladn