GREY:TUDMF - Post by User
Comment by
waranton Jan 23, 2014 7:41am
196 Views
Post# 22123973
RE:RE:RE:RE:RE:Rambler says---
RE:RE:RE:RE:RE:Rambler says---pt-- You may be right on Ogilvie over simplified his place in this jv. THR has raised the cash all right mostly because Rambler is now their jv partner. It do seem that the market is showing some signs of life. As for operator status I don't think that THR will mind RAM being the miner if the price is right. Rambler mill is a long way from LD but you have to take into consideration that Rambler is constantly trucking ore to Goodyear's Cove Port, so a back haul is paid for already. As for Duck Pond my last info on that is they are extending the resource in the foot wall, if I remember correctly.
As for a pre-feasibility study, a complete waste of money in my opinion. A PEA would be better or a feasibility study would tops.
What ever happens with THR or RAM is good with me if the resource puts money in my pocket that is why I invested in the first place.
Cheers