RE:RE:RE:RE:TX when are we going to get mining..best guess appreciatedTXRogers wrote: M
DavidHasselhoff wrote: TXRogers wrote: ikebalinski wrote: All necessary tenure, Native Title agreements, environmental studies and mining plans are now in place for Novo to kick start gold production in Australia.
Well, mining and large scale bulk sampling tend to converge on a similar definition when it comes to this story. Not exactly sure where the boundary is defined. But I think it's safe to say it will be Egina where the mining leases are in place and the equipment is almost ready. As per NVO announcements, "a series of upgrades to the onsite IGR3000 gravity gold processing plant are expected to be completed during May in preparation for commencement of bulk sample processing. Certain adjustments are expected to increase efficiencies of processing and ensure capture of gold.". So I would expect the commencement of some gravel processing to kick off possible as early as next month. But, I really don't think that's the real driver in the stock price. As I have maintained for what seems to be an eternity: It is the entry (or increased commitment) of a Major Producer via a new JV that will ignite the story and legitimize the Pilbara District. One think that seems more comforting these days: It appears that it is becoming more difficult for bears to monkey hammer the stock price down. Especially in relation to the rest of the junior gold exploration market. Tx
Perhaps we need to consult with the Rhino on this one Tx.
He is the expert. He knows his equipment. Not sure he remembers how to count though.
Hangus Hoff
Shine On You Crazy Diamond
Bloody L, which book did we use for code again. Something about rye bread. I hope crazy diamond is not a bad thing like cabbage kasserole though.
Hangus
(and kiss my hasselhoff pox)