re: ** look at gold go!/bailej I agree - is great price atm to pick up cheap stock - which is what i'm doing...slowly slowly... Macrae, you've hit the nail on the head. Perkoa is not a huge deposit. It is high grade though and metallurgically easy to separate.
I'm currently working for a top 100 mining co as a lead engineer and the rigors they put projects through to develop them to mitgate risk stipulates a minimum deposit size/value to justify the development cost. Often the mitigation is just rediculous - I suppose directors in big companies are not allowed/ not willing to take risk and therefore stipulate hurdles are jumped before giving the ok to develop a project. The likes of BHP could not develop the Perkoa zinc deposit, because their project management systems call for to high a level of detail and design rigor to make a decent buck out of it. AIM on the other hand, imo, will go into Burkina Faso, do things on a shoe string and make an absolute killing. With projects like Perkoa, sometimes little companies can really sieze an opportunity to make money where the big boys just can't.
This is my opinion - don't take a word I say for granted - get advise from a professional!
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