OTCQX:BGMZF - Post by User
Comment by
pigbruinmcveidon Apr 28, 2015 1:47pm
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Post# 23672495
RE:Re My understanding of the NR
RE:Re My understanding of the NR Hey Chair,
Tne NR clearly states Phase 1 test mining at BL is finished.
So just how do you expect 2015 to hit 23,000 Plus when there hasn't been any announcment of a Phase 2 mining plan.
Remember Phase 1 mining pre work started long before 2014 and is part of huge remaining debt on the books.
Do you really think there is enough money available to flow the prep work for a Phase 2 at BL what ever Phase 2 is... clearly the PFS plans has been silently abandoned as that did not have any phase 1 test mining plan, but rather had a 5 year plan with varying cap ex per year depending on the additional prep work required.
Care ot explain or are you just a rah rah pumper blotto space waster?
Phase 1 test mining at the Bonanza Ledge open pit has been completed and continued to demonstrate improved grades with depth.
....
we should hit 23,000 Plus...