OTCQX:BGMZF - Post by User
Comment by
yaponskion Jan 22, 2014 1:35pm
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Post# 22121294
RE:RE:RE:RE:RE:how we open
RE:RE:RE:RE:RE:how we open
We know that a PEA on COW was outlined in the phase I plan by Snowden...Phase I runs in fiscal 2013 which ends at the end of feb 2014...
Im thinking a PEA is the beginning of the process to turn resource into reserve..
Moving resource to reseve would be extremely positive as it would need to be support by reasonable prospects for achiving all mining permits and having a plan to mine at a profit.
Now I did hear Fraser say that the environmental studies are underway and he anticipates full permitting in a few years (if I heard him correctly at the gold show). I didn't have the heart to ask Fraser about how Cow Mountain differs from New Prosperity and why New Prosperity is in a permanent stall condition.
- Is taking the top off a mountain surrounded by lakes and streams really all that different from the New Prosperity scenario?
- Are the local Indians from different tribes/nations than those at New Prosperity?
- Would Cow Mountain streams not flow past New Prosperity?
- Is Cow Mountain not part of the same rain forest as New Prosperity?
Maybe Fraser will be at the AGM and we can continue this discussion?