OTCPK:MEAOD - Post by User
Comment by
JRaffleson Aug 06, 2011 2:38pm
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Post# 18912174
RE: Geting close
RE: Geting close
The annoucement of the shaft completion must be near ...
I say that because they are hiring 25 miners for the 17 of august on quebec jobs site
Useful intel ......... Since the base of the shaft needs to be fitted out with equipment, communications, power etc and a also drift from the base started before mining can commence, then it is likely that the physical completion of drilling has been completed for some time and the announcement of that may be timed simultaneously with miners commencing the extraction of the feasibility bulk sample. Managment will then be in a position to announce that Bachelor is able to execute the feasibility study and also extend underground exploration drilling, in preparation for full production build up in Q1 2012.
It seems that the mine will be working 7/7 - I gues that is normal - also nuit - does that mean night shifts as well? It will be clear that I could not pass the language demadees required by applicants.
The S&P announcement is curious and may have political overtones since neither the Chinese nor other buyers of UST's will do so or the basis of a rating from a demonstrably flawed rating agency. This may be part of the Wall St banks tactics to set panic in financial markets in order enable them to get Barnankee to open the Fed's cash spigots again. Does gold have a credit rating - probably not since that would admit it is a financial asset which can only be downgraded by physical destruction.