Woodlawn has a resource with 4% copper equivalent in lenses up to 75 metres wide. Can you tell me one mine anywhere in the world with a resource like this has not made money? Each ton of ore extracted has a value of metal close to $400. The only problem is that it is polymetallic deposit with variable ore bodies. BB knows how to handle this; or possibly he has employed the people who know. He is well advanced in doing the development to allow mining on multiple fronts to allow selection/blending to allow the treatment of consistent ore. Make no mistake, this will be a profitable mine. In his twenty years in CEO positions in the mining industry, Bill Beament has never been in charge of a mine that was unprofitable.
4
ESS Price at posting:
46.8¢ Sentiment: Buy Disclosure: Held
