Comment by
threepalms on Jan 31, 2012 8:58am
Directly from web site re:Madsen. "the goal is to grow low cost resources that will support a 200K oz plus per year mining operation. Plans are moving forward to expand the land package for future production consideration." Potential partners for this project are Sabina/Premier Gold/Claude Resources and Goldcorp.
Comment by
GeneralLabour on Jan 31, 2012 9:02am
I do beleive that we have attracted a lot of attention and have a large number of potential investors, however because of the reasons stated above these investors are at bay. The good news with the open pit potential at the burn zones should really help us in regards to this.
Comment by
threepalms on Jan 31, 2012 9:19am
The tables are about to turn. Shorters ...time to head for the hills.imho
Comment by
Dano6 on Jan 31, 2012 11:12am
Threepalms you've been saying that for over a year now!!! find a new song.
Comment by
threepalms on Jan 31, 2012 11:19am
and during that year we have added nearly 2 million ozs. expect another 2 million plus this year. the song is worthy of another play.
Comment by
Dano6 on Jan 31, 2012 11:55am
Threepalms it doesn't mean anything that we've added 2 millions ounces until the market gives any values to thoses ounces.
Comment by
threepalms on Jan 31, 2012 12:19pm
Will you agree that when MB is 3 million plus ozs, Madsen 2 million plus ozs that the market might give some value to the total of 5 million ozs? Because if so then Mega's market cap is going somewhere soon enough. Don't give up here yet Dano because Mega may surprise you.
Comment by
Dano6 on Jan 31, 2012 12:34pm
Will see threepalms, right now nothing to show for!!!!!