OTCPK:IVWFF - Post by User
Comment by
SAMITHEBULLon Aug 31, 2003 3:19pm
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Post# 6369543
RE: Summary of Shareholders Meeting
RE: Summary of Shareholders MeetingI will answer what i can:
-- Canno...yes it is true..very high grade and will be mined for
first 3-4 years.It will be a shallow open pitt.
--- Canno i believe should be 30%-40% of total.
---Lead prices going foreward are looking good.They will be
getting a premium price.
-----Magallan is considered to be "a KEY" project for the whole lead
industry
---Drake site--will get a signed agreement with natives by year end.
---Potentail in other sites:
Drake 9 million tonnes of resoures
Gamma 4
PINZUN 5
pIZARRO 5
Remember that min work has been done here.So more
can be found(they expect to find more)
Yandal Not tested yet
---NPV used to discount.. sorry, do not know that.
Hope that helps.
Cheers
samithebull