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YALE RESOURCES LTD V.YLL



TSXV:YLL - Post by User

Bullboard Posts
Post by RGS1on Sep 23, 2008 10:55am
575 Views
Post# 15477824

twobtapn

twobtapn
thank you for your insight into la Verde Grande. I notice that you have not mentioned any of the other targets on the La Verde property that may be part of a production scenario. I beleive there are 5 more! I also notice that you have pegged La Verde Grande at 1.5 million tons. Does the recent news not say it is open to the south? By my research this is not into the hill! Regardless without drilling it looks to be around the size you mentioned, but with out drilling, so it could easily be larger! Also, should it not be about money and money out? In other words, if, as you say the La Verde Grande mine is 1.5 million tons, it appears to be a rich 1.5! At $100+ rock there is lots of room for profit! If you recall, again from recent news, there is infrastrcutre in place. A paved road to the property, the national power grid over the property, water on the property and it is only a one hour drive to Hermosillo, pop 800,000 plus!
So, it would not take the $10's or $100's of millions to take this to production! I think a small produciton scenario would be great! It would allow the company to grow organically instead of by issuing many many more shares!
Keep in mind, that if the La Verde Grande mine were to go to operation, it would be easy to feed the mill from any of the other known target/mines on the property. Also the property is under explored at this point as it is yet to be drilled!
Last but not least, what about Urique? There have been some great numbers coming from that property in the past couple of months. Did you ask about it at all?
Bullboard Posts