La Mancha Resources Inc LACHF

3 days to the report...

[Framfond]

We know they had record production at all 3 mines at Q4.
We know their cost was lower because of higher ore grade, lower oilrelated costs and the currency drama...

[RetiringYoung]

I can't wait for Friday's numbers and fully expect them to be very good. RedHorizon, are you still aorund here?Retiring Young

[RedHorizon]

RY:Yes, I'm still around, just waiting for the report like everyone else..  There is actually some new info I may as well post on.  I don't think that people fully realize the value of the VMS system at Hassai.  Geologically the VMS at Hassai is very similar to Nevsun's Bisha deposit.  LMA's Hassai VMS, however, has higher grades of both gold and copper, at

[ak27]

RH wrote: I don't think that people fully realize the value of the VMS system at Hassai.Few points for further considerations included- the cost of VMS mining (most expensive extraction method) and - the method of VMS extraction ( comparison with Nevsun is helpful to the point - Nevsun' VMS operations involve surface, open pit mining; projected LMA's VMS operation will be

[RedHorizon]

AK27:I agree that putting an exact price on the VMS project is impossible at this point.  I do remember though that when they first announced the 20M tonne expected minimum size, the stock did nothing because we were in the middle of the collapse at that time.  So I don't believe that the market is giving this project or the 30 exploration projects any value yet.  It is also