GREY:PCGLF - Post by User
Post by
Snegamookon Nov 17, 2010 1:43pm
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Post# 17719478
Recent MD&A
Recent MD&AThis MD&A proposes development in 2013. The 43-101 of Jan 2008 written to support the prospectus, proposes a two year programme costing about $18 million that involved goign underground through old shafts right away. In this way there would be feed for the existing 200 ton per daymill (in new condition). The report recommends testing of the gold bearing iron formation. Noen of this has been done yet more than $18 milion has been raised. Expenditure has been on a succession of drill holes which hopefully will yield a few good assays so the sotck price can be pumped. This is a great property but needs sensible, properly directed technical work which I don't see happening.