Just remember... The Mt Margret mine was shut down due to economics. The main mine and mill were bought independently and MMM was left with a large environmental bond. The potential uptic in the price of copper will not nesisarrily make MMM viable (especially without an operating mill) All ore will have to be custom milled through a third party. (Unless heap leached) There is only one mill in the area that can do this. This means a premium cost to mill. Who is saying this mill has spare capacity? With price of copper potentially going up, why would mill owner give good price at the possible cost of millmg their own ore? Normally mills will custom process when their own ore is running out.
Putting lipstick on a pig does not stop it being a pig.
CRL Price at posting:
2.0¢ Sentiment: Sell Disclosure: Held
