RE: RE: RE: Ketza is a great propertyOne can only hope that as they work their way through the pile of gold ore (already mined) they will be able to pay off their local debts to suppliers and former workers, We know the mill is been worked by a third party contractor (Golden Eagle MYNG) for a percentage of the results....operating cost.
We then hope that as they progress, they will start mining again....hoping to mine the hi-grade ore bodies first. If you look at the YNG site you can see the ore bodies in the Jerritt canyon area own by Queenstake (YNG)
I think...that's the 64 dollar question...that once they get into a positive cash flow, they then can turn their attention to the Yukon properties, first with a feasibility study on an open pit operation.
With this knowledge, and $1.39, you can get a large coffee at Timees.
I'm only guesstimating on which way they will go....who knows...I don't think Graham et al knows either at this part of the game. I hope in the meantime we get a real nice pop into the stock.
One thing we must have is POG in the upper 800's or higher to really make a runup.
Guys....I really don't know....but you got my thoughts.......
Richard