TSXV:RZL.H - Post by User
Post by
pandah63on Nov 06, 2012 10:37am
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Post# 20567048
Update
Update Made a phone call to congradulate the company on the permitting.Then asked about the going ons at the mine,they are working out the kinks on the mills,they hav'nt run a 24hour shift yet but hope to soon.They are also trying to find the right amount and grades that will optimize the recovery rates.The mill has run at 200tpd rates and they are looking to expand that soon,as they've purchaced property beside them to do so.Some drill results from this years program might be out soon.The 43 101 is a priority to get updated,hoping for that million ounce threshold to be broken and it should be.As for delution more to come,the need for new equipment for the under ground operation is expensive but hopeing the share price is alot higher than it is now.The biggest thing is to generate cash flow and show that they have a mine and everyone involved gets thier cut of the pie