GREY:TWNNF - Post by User
Post by
dogwagon Apr 27, 2012 8:01pm
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Post# 19846663
FOOD FOR THOUGHT!!!
FOOD FOR THOUGHT!!! TRR has currently 7 million ounces.1 million indicated,6 million inferred.Northern Gold mining and Moneta mining are 6 kms apart from each other.They currently have 5 million ounces between them,2.5 million ounces are measured and indicated and 2.5 million ounces are inferred..In 12 months time they will be sitting on approx 7 to 8 million ounces combined with at least 1/2 in the measured and indicated catagory .They could get bought out currently for about 100 million dollars combined and about 2 million combined in 12 months.Their grades average about the same as TRR 1 plus GPT.NGM could mine for 2 years above ground on a ridge before they would have to even start a pit.1 mile off hyway 101 and power and water is on the property.No Lakes to drain,no enviromental concerns but one thing they both have in common,they both must pay our native brothers for the oppurtunity to mine on THIER LANDS!!!!!.Maybe all the winners on TRR are looking for somewhere to invest,maybe not.!!