AVB 0.00% 16.5¢ avanco resources limited

going nowhere, page-17

  1. 2,075 Posts.
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    Hi freeprom

    appreciate the posting and yes we all need to keep a level head

    point taken

    The reason why people are talking about immenant production is that the company made an announcement back in February that talked about using the high grade zone, easy to dig and will fund a floatation plant and get some heap leach going.

    I think salty mentioned that he asked at the agm if the direct ship oporation was going to go ahead with the answer YES. This was and earlier post.

    Another bit of research would be to listen to the brr interview earlier in the year, around the time of this announcement, where the CEO mentions digging, bagging and trucking this direct ship ore out of the carajas.

    I am glad you are loling because I laugh everytime someone makes the comment that it will take a long time to get into production.

    From the study it will basically take 2 million bucks which will buy some excavator, truck, labour and bags. This deposit that has a JORC that will support a 6 year mine life. By why bother telling you this when you can read it for yourself?

    Well I just want people to male up their mind according to the facts rather than speculation. Happy reading, don't worry it is only 10 pages and even has some pictures.

    http://www.avancoresources.com/pdfs/PositiveResultsForRioVerdeCopperProjectFeasibility08Feb10.pdf
 
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