OTCQX:DMMIF - Post by User
Post by
Rich12on Oct 09, 2008 7:42am
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Post# 15515827
Information from Website
Information from WebsiteThere is some interesting reading on DMM website. They are cash rich (approx. $24 m) and the remaining cost to complete Zaruma plant is about $6 m. Lots of cash left over to start Jerusalem gold project and continue exploration on Dynasty Goldfield ( to commence after the enactment of the new mining act). The credit cris will not affect them.
From Website:
.Zaruma Gold Project plant construction and mine
development estimated to be 80% complete. Remaining
capital costs estimated at $6 million. Commissioning of Plant
anticipated to be 90 days after the enactment of the new
Mining Act
. Applications have been submitted for mine and plant
operating permits at the Jerusalem Gold Project
. Exploration at Dynasty Goldfield set to recommence on
enactment of new Mining Act