Dms plant and alluvials, page-4

Quite amazing that someone from cyberspace who in all probability hasn't even visited Lulo, is able to predict that an alluvial mining operation is "not economic".

How do you do that Aries?

You must either be one of the world's smartest person's, or an awfully good psychic to come to that conclusion.

I thought that LOM and its JV partners would need to conduct feasibility studies, prior to determining if in fact it's economical to mine. But there you go, you learn something every day. Of course someone would need to contact Warwick Grigor from Canaccord to inform him to alert his clients of Aries conclusion that Lulo alluvials is uneconomical to mine because the Calonda formation has an average width of 400cm and that vegitation re regrowth is too costly.