TSXV:CSG.H - Post by User
Comment by
anon3on Jan 06, 2008 9:19am
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Post# 14157885
RE: cheap compare to WGI
RE: cheap compare to WGIthe anawer very simple - they have gold
These reasons are:
Reputation and experience of the management team
Feasibility Study indicates excellent rate of return at current gold prices
Proven and Probable Mineral Reserves of 2.36 M ozs
Measured and Indicated Mineral Resources (exclusive of reserves) of 1.25 M ozs
Excellent potential to increase Mineral Resources
Permitted mine, processing facility and reserve base situated in North America
Proven technology - Run-of-Mine (ROM) Heap Leaching
Ability to fast Project towards production
Existing infrastructure facilitates quick resumption of operations
Increased liquidity once a TSX listing is obtained
https://westerngoldfields.com/s/Projects.asp?ReportID=146705