Labrador Gold Corp V.LAB

One Mine Makes Economical Sense

[geezer21]

With high grade gold running through NFG and up through Labrador's claims and Sokoman on high grades on nearby parrallel faults just one mine would make economicl sense.

[braindeadoldguy]

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[geezer21]

These deposits are so close ore could be conveyored to a concentrator.  Also the terrain is flat.

[braindeadoldguy]

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[severeanalysts]

DO YOU NOT MEAN ONE BIG PLANT ??? So did eveyone see the assays of USGD in N.Nevada?  After you do your DD, GIVE THEM A CALL. AND CHECK OUT THE WEBINAR. ITS DETAILED AND A MIRACLE EH 26,000 PLUS G / T  Au with 34,000 G/ Y Ag.......1 Ton equals 1.3 million dollers btw, grade on surface in over 1.5 m . These were accompannied by addional ones, alll 1.5m , samples cur with rock saw

[geezer21]

Yes, I meant one plant.  I have had several buy.outs in the past on a shared ore bodies as it made economical sense to have just one mine and plant.

[surething1111]

Geezer, Lumping mines together may work for several low grade bulk clusters, but we are dealing with potentially at least 3 high grade and expansive operations. I would think that nfg and lab could get by with perhaps one large mill, but sic would require a separate mill due to a fairly significant transport distance. These Mills would then be able to ship concentrates economically to a

[geezer21]

Whatever the eventual configuration, the potential for consolidation of SIC, LAB, and NFG is high.  When ore bodies are contiquous time and again consolidations take place. It is a common event in mining. When it costs hundreds of million to erect a mill all the players recognize the huge saving in capital outlay to amalgamate. In addition there is big savings in managment and operational

[geezer21]

Eric Sprott in both NFG and SIC (do not know if he has holdings in LAB) and other large investors will be looking to deal when there is a incentive to save hundreds of millions in capital and operating costs.

[Lookingforclues]

Yup...Sprott is in LAB...

[braindeadoldguy]

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[geezer21]

Don't everyone go crazy and complain because the price was $.70 and under the current market price. The difference is in lieu of interest on the millions invested. This is better than making an outright loan that will incur interest charges that cannot be paid as there is no revenue yet.  It dilutes the equity holding but in the long scheme of things the discounted net asset value of