TSXV:AAA.P - Post by User
Comment by
Karmanowon May 18, 2011 12:55am
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Post# 18592025
RE: guess you never tuned in Karma...
RE: guess you never tuned in Karma...Alfalfa, I am more than tuned in...I also remember that Peter McLean also said at PDAC that they were very excited that they had "found a way to disolve and extract the SOP from the Kainite Layer of potash"..this is a BIG DEAL and.this was for solution mining in the North West....Open Pit Mining should be investigated in all areas of our land...and if the Feasibility Study confirms the viability of Open Pit Mining any section of our land....then the numbers $$ will speak for which choice to use...I so not think we have been told whether the "flooding" of open pit can be dealt with with pumps or other technology...flooding is not new and I am sure has been dealt with in other mines?...as you said...we shall see...and this discussion is fruitful as it is material to shareholders.
The bottomline is that AAA at least has the potential to Open Pit MOP and SOP...not many others can say the same++
The market has not baked open pit into the price...and will not likely until the Feasibility Study confirms the viability.
I still believe that we will end up with 50% Solution Mining and 50% Open Pit Mining.
Karma