Great Update Interview!!- Yale ResourcesOriginally posted by RGS1.
Full Interview with Ian Foreman:
www.osixmedia.com/media.aspx
Summary from Interview:
- Yale differs from most junior explorers/companies in that they are a "Project Generators"
- Yale is Focused on finding Projects with Good Merit in Mexico
- They find the projects, work on them, advance them, Then find Partners to come on board and do the "heavy lifting" or " heavy spending" and Advance the projects further.
- Yale currently has 7 projects.
- Gold, Silver and Base Metals
- Currently have 3 projects optioned out to other mining companies.
- Yale is also currently talking with a few other companies to option out some of the other properties.
-** The key point and benefit of Yale's strategy of being a Project Generator, is that they have the ability to work on multiple projects at the same time.
- Ureke project is optioned out to American Sierra
-Guadeloupe project is optioned out to Silver America
- Yales focus is working in Mexico:
Mexico is mining friendly and has considerable mineral wealth
-Access roads and close to utilities
- Yales Full Time Staff in Mexico are all Mexican, educated and experienced in mining related activities.
- Ian Forman speaks spanish
- Ian is focused on Quality projects only.
-In 2010 they looked at 90 projects.
Board and Management team:
-All well experienced and documented
The Business plan is a long term focus growth strategy, removing unnecessary risk.
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Personally I like what I see and hear.
- H82LOSE2