Heh. Been saying for years they need a flot plant to get that...

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Gratton44

619 Posts.

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02/02/22

20:38

Post #: 59312358
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Originally posted by happybear45: ↑

Funny that @Gratton44 made some mention about not having a float circuit a few days ago. A little info drop maybe, still got his finger on the pulse down there?

And of course agree heartily with @timbin4 and @gc2016 about this being a smart move. Also interesting that they are looking at doubling their capacity with this move which of course will depend upon silver price and perhaps their gold finds. They wouldn't be doing this if they were worried about the drill results or the stockpile so I have a feeling that is a good sign also. Internally they are looking at expansion and they have numbers we don't yet. If things were looking a bit shakey they would be consolidating to reduce expenses not expanding.

I hope the SP continues to drop a little heading into March just so we can pick up more of this lovely slop.

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Heh. Been saying for years they need a flot plant to get that lead/zinc out the ground, not just days!

Bit funny they start off talking about doubling capacity but later admit they need a 2nd grinding circuit to do that. Having a flotation circuit makes it more suited for different ore types…my memory is the deeps were sulphide based rather than oxides. So definitely needed out there to get recovery up.

MKR Price at posting: 30.0¢ Sentiment: Hold Disclosure: Not Held
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