MCR
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0.00% $1.39 mincor resources nl

cdchi,Im interested in where you get a mine life of 3yrs-to 5yrs...

  1. dolphin58
    1,539 Posts.
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    01/05/04
    11:55
    Post #: 454082
    cdchi,
    Im interested in where you get a mine life of 3yrs-to 5yrs in your post yesterday?
    Mincors scheduled production from "reserves" is '04 ~10000t, '05~13000t, '06~15900t, '07~11000t and '08~6250t, this coming out of a reserve base of 1.98mill.t.They believe right now they have some 2.3millt in resources without even digging another hole, let alone any future metal to come out of the Nickel and gold exploration committments of $7million from just this year.Got this info at the Nickel seminar with MCR, WSA and TIR.
    I just like to understand other views if possible to refine my own thinking.
    MCR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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