OTCPK:MEAOD - Post by User
Comment by
fruitvale3067on Jun 05, 2016 10:17pm
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Post# 24936350
RE:RE:RE:Takeover or No Takeover ...
RE:RE:RE:Takeover or No Takeover ...The best way to handle this would be for OBAM Mining to buy MTO and use the Bachelor mill just for Windfall and/or Barry. No longer use Bachelor ore and forget Moroy unless it yields min 8 or 9 g/T. F SSL. That would be the least costly solution.
Interesting point. It looks like a new mine and equipment would cost $250 million to build at Windfall Lake. If they use the Bachelor Lake mill then they would need to purchase equipment to mine underground and trucks to haul the 115 kilometers to the mill. Depending on geology modificstions to the Bachelor lake mill may need to be done. So does Oban build a mill at Windfall Lake or truck all the way to Bachelor.