MCO 0.00% 11.0¢ morning star gold n.l.

Ann: Mining Commences at Rose of Denmark Prospect, page-30

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  1. 6,771 Posts.
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    re: Ann: Mining Commences at Rose of Denmark ... i was just reading the RCR september research paper again where it mentions that the MCO vision " is that gravity mill(s) at or near Woods Point can become a processing hub for regional mining".

    http://www.rcresearch.com.au/documents/gold/reports/0/australia/

    (go to sept. Q 2010 (free) ..... download)

    the Richard Karn 35 pager on MCO also mentions gravity mills in the plural too. so the MCO plan must be to set up a second gravity plant at Gaffney's Creek, to process the j/v ore, in the coming years.

    only speculating here to try to form a picture of where MCO could be at in the future, yet, if this all hangs true, then in 12 months or so MCO may be up to processing 85,000t at MS mine (with Waverley dyke & All Nations mine inputs possibly), & 50,000t - 85,000t at Gaffney's creek (Rose of Denmark & Hunts mines).


    silver is going to be the wildcard here if POS goes thru the roof over the coming years due to scarcity.
 
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