Post by
digingdeep on Apr 08, 2014 9:47am
TAILINGS DAM FOR PHASE 2
Amazing!! weeks with a dead silence about the location of the tailings dam for PHASE 2. Auch, sorry I get to the target, but transparency is a main issue here.
No surface right secured for tailings. Company will have to negotiate acquisition with local communities. Good luck!!
I guess that Calaorco will be mined in the next 3-5 years as realeased by RIO, and no place for the tailings dam for PHASE 2 yet. So Phase 2 could be a 5 years project, when Calaorco is depleted.
So I think that until RIO does not release a new PR clearing the new location of the tailings dam, there is no Phase 2.
The Party is over and the stock tanked. Where are the cheerleaders that usually post here pumping the stock and screaming SHOW ME THE MONEY!!
Lack of Transparency to me.