RE:Argonaut Gold Announces Purchase of San Agustin project fromAr is well above the high water mark so that is a non issue imo. However, this was pretty much out of left field and not sure Mexico is where you want to be investing even more at this juncture. But, I guess they figure they can easily add to their feed stock with this new property.
Is zinc processed the same as gold and as silver? Can they use the same facilities or will they need a new mill or need to upgrade a mill to process the zinc? It is allot of zinc and that is only from the 2009 resource report. The gold grades in the report are not that good though. So, I guess AR is branching out into Silver and Zinc... who knew?
I was wondering why SSO was flying high yesterday, big leaky boat on that one. If you ask me I would be putting my money in getting Magino ready. That said, $30MM is in shares (albeit at rock bottom prices) good investment for SSO that's for sure.