At first glance the buying of this mine is a good thing. Texas only has a 10 year life. POS and SP will go up for where it is in the next few years. If you want the company to continue then looking at a mine like Red Arrow in a geopolitically stable area with low costs is a great idea. It'll take many years to get it up and running but this will happen before Texas finishes. Solid game plan in my books.
red arrow mine(s) colorado, page-33
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