Which means that our directors are still as enarmoured with this deal as they ever were.
No second thoughts, Norm? Kings Minerals, et al taking up a fair bit of time these days?
BTW, someone asked a while ago what BSG were expecting to pull out of the ground, once they started producing. From this article:-Palmarejo owns a major silver project in Chihuahua, Mexico, that is expected to start production in late 2008 with an annual rate of about 12 million ounces of silver and 110,000 ounces of gold.
For reference, Coeur produced 13.6m oz of silver last year, with production flat or falling in most major properties. Bolivia is their "Great Silver Hope".
Kensington is almost certainly a $206m write-off, but they won't do that until well after they've bedded down the BSG takeover.
BSG
bolnisi gold nl
