With the huge increase in the price of gold recently its not only the value of the A1 mine that will rise but the value of the processing plant at Maldon. Other companies who hold mining leases in the area will be doing the numbers. Mining tenants that were economically unviable or borderline six months ago may now be profitable. It would make sense for other gold Mining companies in the area to consider the Porcupine Flats processing plant to process their ore on a percentage or tarrif basis.
Who knows if us long suffering CTL shareholders will see any benefit from the resent gold price increase or will we continue to be shafted? More shafting I expect.
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