OTCPK:STADF - Post by User
Post by
poundmaker101on Jan 24, 2006 8:53am
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Post# 10225983
a few comments on posts
a few comments on postsHaving worked in the mining industry for 22 years, a couple of things to keep in mind as we watch the share value slowly climb:
1. The capacity for the tailings dam to handle greater flows will have an influence on the tonnage that can be run through the mill although the mill can handle more ore than is presently being milled.
2. I agree with Moe as to the old Kinross mill. It could be a viable alternative to mining the rest of the ore bodies but have to wonder whether the increased costs warrant the expense. Any thoughts Moe? ( I sort of have in the back of my mind that maybe LSG would go after this one for their own use)
3. Labour still has me concerned. What kind of experience do we have running the mill and the mining? I beleive this will dictate how quickly SAS can find new efficiencies.
4. Jim, I have to agree with you and Bobby as well that this stock is positioned to climb into the dollars over the next few years.
I'd really appreciate your comments Benson, as well as your comments Moe.
All the best!!
PM101