Fabled Silver Gold Corp T.FCO

RE: $60,000,000?

[pcnisbet]

Refineries process concentrates. Before you can process a con, you first have to mine and then make the con. They will need a mill complex, a tailings facility, declines on ore, water treatment plant, plus other infrastructural things that being remote from a population center require. Just a a quick example of such things, Salmon is the nearest place where there are any people to hire to work on the project and transit from Salmon is a hour and a half one way on mostly improved dirt road over a major pass. So they will either have to develop worker housing for on site or provide, as FMC did at Beartrack, transportation for the workforce to get to the mine site. Purchasing the BCMF has reduced the costs they expected, since the MDA original reportage suggested that capping up the project was going to run in excess of 90 million bucks. This is not a small scale project. The mine site and milling facility will employ well over 100 people and will also have subcontractors hauling concentrates and fuel and other materials besides. Until they get the mine in operation, the Big Creek Met Facility will be running silver concentrates from other people's mines and that will not take large sums to get going, in essence just the money they raised in this last financing.