GREY:STTYF - Post by User
Comment by
bob4977on Feb 27, 2013 6:43pm
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Post# 21051698
RE: Somebody is losing their marbles
RE: Somebody is losing their marbles Hi Materialsgirl. Maybe the one who is losing their marbles is the analyst you are following. I went to Entree Gold's website and their timeline for commercial production at Hugo North is 2015. That is a big difference from the 12-40 years away from production he is saying. Heruga does not have a timeline to it so it is further away. My guess is they will start working on that when they get commercial production on Hugo North. I think you are right on the Nevada mine if that was Ann Mason being 6-7 years away. The upshot is we paid $5 million in shares to SSL for the streams. We will not see any benefit for almost 3 years but it will look good once that occurs.
Bob