Something a little positive here (although repetitive).
The closer to production the more activity in share price and the fact these guys have secured forward selling gold for funding at a good price but remain undhedged for the main part has to be good, wouldn't you say?
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Tuesday, September 15, 2009
Exco Resources ticks another box at Cloncurry Copper project
Exco Resources (ASX: EXS) has reached another milestone at the Cloncurry Copper project.
An environmental impact statement was submitted to the Queensland Department of Environment and Resource Management. AustralAsian Resource Consultants prepared the submission.
Michael Anderson managing director of Exco said the Company aims to be in production from Cloncurry by 2011.
He said the Definitive Feasibility Study for the project is well underway.
chart, page-15
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