Maud CreekI was hoping Maud Creek would begin to fill some of the overcapacity at the Cosmo mill in 2017.. Nope, no way, ain't gonna happen..
Doug said at the Denver forum they will be doing a Feasibility Study on Maud Creek and it is expected to take 18 months (really ??? can't they ask for a condensed version of a FS, or for it to be fast-tracked..) and how much will it cost???? But these guys are old school,,, everything by the book, no short-cuts,, maybe that is why they are successful managers..
He also said a sulphide circuit will be required in the Cosmo mill... Is there any chance they will do this while waiting for the FS... Probably not... Again,, go by the book and in order.. So how long will that take,, I am guessing at 6 months if it is fast tracked...
So,,, a total of 24 months or 2 years... seems like a long ways away,,, but I guess they have to permit this also and how long would that take,,, hopefully they are applying for the permits while the FS is being done... Would hate to wait another year or more... GLTA,,, Willie