SOC 0.00% 13.0¢ soco corporation ltd

Ergo, I made a similar comment to this regarding the drilling on...

  1. 226 Posts.
    Ergo,

    I made a similar comment to this regarding the drilling on the Canadian Lithium project.

    Before you start spending hard earned dollars in the quest to prove up a small scale open pittable resource you should carry out a Scoping Study to establish if it will ever make a quid. What are the likely capital and operating costs? Will it make an acceptable return on Capital? How will you process the ore? Who will buy the stuff and how much will they pay?

    If the answer is negative then don't waste your money unless all you are looking for are some pretty numbers to put out in a "Price Sensitive Announcement".

    There is enough already known about this deposit to allow a good mining engineer to complete a scoping study in a day.

    MG
 
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