The timeframe you are looking at seems to be different from what has been achieved.
There is no mention of Cosmo Newberry and the latest is first round of drilling will be at Challenger and Challenger extended. This is the location of historical the Old Hill mine.
Read the consultants report. This will give you alot of confidence.
It would appear that gold processing is near sorted.
As Bludgemaster pointed out, the previous owner failed becuase finance was called in.
There is one thing about this project that does intrigue me. The old timers using hand extration and much simpler crushing techniques managed to extract a phenomenal amount of gold from this region. Carted the gold to the crusher by hand and maybe with the aid of beasts of burden.
Yes, there was alot of alluvial gold, but if they could do it, surely it can be done, and done more efficiently, using modern equipment.
Fingers crossed that POG will shoot past USD1800 next week and doesnt stop until it gets much higher.
As I said, I suggest you read the report.
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