Post by
Wangotango67 on Sep 24, 2016 7:04pm
Thank you Mr. Stettler -
The stream now mankes sense - total sense.. i get it now....
Anything mined thereafter is purely Metanors right ?
Secondly - the 21k ounces slated to be mined each year at barry.. .im sure - will change soon - given they'll be drilling more - adding more ounces.
My wonderment ?
Is 8000 meters sufficient ?
Will it add enough ounces ?
Should they be drilling 60k - 80 k meters ?
If the Barry outter zones are far reaching - the current 9 yr mine life could look like childs play - considering how vast of lands they have....
I - Will Sand want a stream - offering Metanor a deal on - Barry Gold - revise Bach?
2 - Will Sprott want a stream - offering Metanor a deal on Barry Gold ?
3 - Will another step in ?
4 - Will they choose financing ?
5 - Can Metanor mine enough gold at Bach from now till spring summer 2017 - to pay debentures off and pack away 8.5 million for start up ?
6 - would deferring debentureds again, prove wise - taking care of it now - vs- later ?
Factor in a way period - buffer - that they know they could achieve - to pay it off?
Will they sell it - is someone actually interested ? Or pipedream... ?
7 - Ya know- that website i provided - modular mines - did have a section in FAQ's - pertaining to bankable - reserves... indicated and measured... Would that company finance the modular mines - 2 set ups - handle 5k+ tonnage?
Funny - right after i posted - the topic of mdular mines -someone sure got bent out of shape - jeeze - i wonder why... lol lol lol - never know what crawls from the wood wrk - when speaking about other options... wink !
Cheers !
Thyanks again, Mr. Stetller - enjoy your insight.. its level headed. I do admire that.
Comment by
mstettler on Sep 25, 2016 12:12pm
Excellent asnwer. Thank goodness we have some thinking people people chiming in.