GREY:CNSNF - Post by User
Comment by
krishakon Oct 21, 2013 11:46am
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Post# 21833543
RE:RE:RE:RE:Just read the latest results..
RE:RE:RE:RE:Just read the latest results..I don't remember precisely what Garfield said about Teck, but I think they are in the process of finalizing drill targets for the next phase of the project, which they are planning to continue.
Constantine has $25,000 a year from Teck and $1.25million from Dowa over 4 years. In addition CEM collects management fees for directing these two projects. I have no idea how many $'s they get for that but it seems that CEM is now pretty much covering their expenses from the J.V's they have in place. I liked Darwin's comments about the Dowa agreement providing them a degree of independance (Mining News June 30, 2013). In the same article I really like Darwin's take on the primary purpose of the work at Palmer this summer:
"It will give our partners a chance to really get familiar with the project before ramping things up more aggresively". With 130 year-history of making mines from VMS deposits