new year turkey, page-9

Think theyd have a lot more than 2 mill cash. Got 6 mill facility end Sept. May have had to pay out entitlements but should find out end of Jan. with quartely report.

Now it needs a plan. Hopefully a scaled down one to start. Buerger knows the traps on plant supply for this sort of ore. I know various quotes have been sought and no doubt delivered. They know how to treat it from recent metallurgical reports. Tests done.

Need a mine plan for TC. How to get it out. Cost effective. If they can show how to do it and give sound estimates of costs, it will be a big step. It goes straight down in steep as a full km and no bottom found. It is far from low grade. Medium patching to very high.

As a tyro Id put a straight shaft straight down the guts or the side of it, and work up falling the ore to the bottom leaving pillars. Dangerous work. Compact remote control gear is available to do this both to drill and to pick up, from memory. Could small scale blasting work?

My guess is, this thing isnt winding up any time soon with this exploration patch. Too much gold in there.

If the gold price takes off as it very well could and the $A stays down which it will, as long as commodities sit so low, golds will be the only game in town for a while. This thing is so cheap its like insurance. You may bever see your 4c again, but if gold explodes it wont stay at 4c for long.