I stand corrected and am excitedSorry,that headline should have read cash flow positive but two years to break even.
After midnight postings......
What I especially get excited about is the fact that this operation was previously a 3,000 tpd operation-which means EXMIN will benefit from a 30% percentage of maximum capacity (cashflow).
This instantaneously propels it into a silver production company.
Karl Boltz, President of EXMIN, stated,"EXMIN has the opportunity to advance several years in the exploration-mining cycle." {re:acquiring the Moris mine with Minera Hochschild}.Wednesday July 19,2006
The fact that they have now secured drills and are expanding/acquiring their potential ore availability in and around the Moris site is also encouraging for continued production well into the future.
I would like to add it was LR,OilSandSam and the Coach's postings and knowledge that educated me into becoming an Exmin follower and shareholder.
My thanks and good luck to all us longs!!!!