RE:Canadian Business Journal: very revealing and so positive:
10+ years to a Million!!
Over the next year and a half Stoger Tight Deposit will be ready to be blended with the Pine Cove Deposit. This will hopefully bring our average grade up to 3.0 grams per ton. The experience gained in the last 4 years of production with harsh winters and breakdowns has resulted with a more efficient mill. Obviously production will at 25 to 30 thousand ounces of gold annually.
160K - At this time all in costs basically matches the spot price of gold these days. Doing the math tells me that Anaconda should have in excess of $20 Million in 2 1/2 years. Who Knows! Maybe Dustin feels that he can achieve a Million Onces in 5 years. Profit of 20 Million a year can certainly speed up the process.
GLTA!!!!
p.s. 160K - I'll try to respond to some of your comments. An active bullboard is healthier for Anaconda.