GREY:STACF - Post by User
Comment by
dlegovichon Jan 16, 2007 12:05pm
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Post# 12026469
RE: Pros & Cons of the deposit
RE: Pros & Cons of the deposit"[...] For this size of project, the best solution is to pipeline the concentrate to port, if the contour of the land allow them to build a pipe line. Otherwise, onsite smelter would be the only option. [...]"
Uhmm ... now it's clear to me why the CEO started talking to Asian smelters, it's not in order to find a market for Pacifica's zinc but, rather, to find a partner willing to build a smelter on site.
An annoucement of such a deal will certainly give this company more value then any coming 43-101.
Everyone doing his own due diligence on this company knows there are +400 MT of ore from an historical resource calculation and, due to the geological structure, there is no doubt they can convert this resource to measured & indicated and perhaps expand it. So there is no reason to think the market will be surprised by the new 43-101.
But what if a smelter steps in?
Is it reasonable to think it can happen this year?