Post by
rockingrooster on May 26, 2021 9:51am
Excerpt from MD & A, a great read for all TVI shareholders..
Mining operations are proceeding and there are now approximately 63,000 tonnes of ore on the ROM ore stockpile, in-pit stockpile, and crushed ore stockpile as at the date of this MD&A. Completion of the Tailings Storage Facility (“TSF”) remains as the critical path to bringing the Balabag Mine online with first dor production, which is being constructed in stages to accommodate progressively increasing resources as they are defined. It is expected that tailings deposition in the first phase, Stage 1, will commence in June 2021 with the final commissioning and operation of the processing plant.
Comment by
CountOfMeltedCrisco on May 26, 2021 2:04pm
"Sweet" is the right word, because...... TVI is exactly at that "sweet spot" mining legend Pierre Lassonde says the most money is always made : right at the point a company goes into production.