TTY territory resources limited

It looks like at Frances creek there isn't much more to find. No...

  1. 132 Posts.
    It looks like at Frances creek there isn't much more to find. No point using up exploring dollars on finding only small amounts when possibly better to invest the money in already explored and proven resource areas with no risk as to whether they will find IO or not. Does make sense IMO. Always had doubts on whether Frances Creek had anymore left in her.

    As I stated last year MK got TTY mine going and producing without major reserves in place. He did the same with MON. We are fortunate that we have enough for about 5 to 6 years which will pay off any debt and assist to fund a larger more profitable mine and area. I like the thinking so far if Frances creek is about done.
 
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