RE: Brigus Arranges $10-million Private Placement Kwel2:
16.8% gives us an indication that the Toronto brokers are aware of the upside potential of BRD.
We now know the contents of the Ore Reserve Plan being used for the (non- SSL streaming) C147 Zone. The benefit to BRD should be significant as it is potentially a high grade open pit with the potential to reduce BF UG HG production (paying into the stream); all contingent on available (Timmins/ValD'or) mill capacity.
Anyone know where the closest toll mill is in the Hislop area? Anyone know where a portable mill can be found? Shafts ( for ore below 400m) and Mills (for production over 2200k) are potential ways of optimized production going foward.
BWDIK?? EXPECTED is not a mining term (that I'm familiar with)... vis a vis PLANNED, BUDGETED, FORECAST, etc. Just like ore lost in a stope is not SANITIZED vis a vis STRANDED or CAPTIVE. The march to production cost reduction IS a regular (every minute) consideration.
Constant improvement is the preferred way to achieving a sub $700 target. In the Exall/Glimmer (1999 to 2002) production this target was in the $200 range. Purchasing (aka Materials Management) decisions and joint efforts
Cheers
Stanley