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Bullboard - Stock Discussion Forum SINCHAO METALS CORP V.SMZ

TSXV:SMZ - Post Discussion

SINCHAO METALS CORP > Update
View:
Post by mrgneiss on Oct 21, 2009 7:20pm

Update


Does anyone know or care to opine on where things stand with SMZ?  Permitting, planned production, etc.  It seems they just got a $500K loan.  Also, according to 24hgold they have very significant inferred resources of Cu, Au, and Ag: 5 bil lbs, 7.5 mill oz, and 184 mill oz respectively.  However, considering the possible resource, there is so little volume in the stock.  Thanks.
Comment by soccer57 on Nov 17, 2009 3:50am
The company has not received the $500k tax rebate from the peru govt.....has not done next round of drilling....2010 story\soccer
SINCHAO METALS CORP