GREY:NWMMF - Post by User
Post by
stu.2on Nov 11, 2012 9:00pm
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Post# 20587115
Looking Ahead
Looking Ahead Now that we have a pretty good idea that our COO (hopefully won't be surprised) is not leaving we could be a little more constructive and look forward.....
Gold price is climbing and looks like it may make that parobolic move that some have predicted...Many analysts are saying that the juniors who produce are the ones who are going to benefit most due to their deflated sp.
Production numbers would be nice but we can speculate that approx. 5000 likely to keep in line with 20000 annual...Financials will be comming out soon Nov.29th at the latest.
Question? we have the leach pads completed for 2012 mining requirements....will we have to begin building new pads once they have been fully stacked or can we recycle and use the pads that have completed the process... Last time they tried to reuse pads it failed miserably. (But they were older pads??)
Searched the net quickly didn't find anything conclusive. Would appreciate any info...This small project really needs to keep costs down or we will just keep spinning our wheels never able to move forward.