Posted On: 08/14/2013 4:22:58 PM
Post# of 4018
Re: CutThirdGoose #3454
The copper ore reserves have been verified by THREE independent companies and are there.
I say congrats to those who sold last Oct/Nov when SIRG was over a penny.
The signs of trouble were all there, many just failed to read them. When Buzz reopened the MPO file we should have realized that there would be at least a six month delay that now has turned into over a year!
My wakeup call was when I started researching the leach pad and pond. I asked Rod what the leach time was and never got a response but I did my own research and discovered that it would take at least 3-5 months to get a one acre leach pad loaded and another 3-5 months for the ore to leach. Nords (NRDS) discovered that it was taking over 6 months for their ore to leach! So add it up - 6 months to get the mine ready after funding and permits are done. The add at least 10 months for the leach process and you are into 2015.
I say congrats to those who sold last Oct/Nov when SIRG was over a penny.
The signs of trouble were all there, many just failed to read them. When Buzz reopened the MPO file we should have realized that there would be at least a six month delay that now has turned into over a year!
My wakeup call was when I started researching the leach pad and pond. I asked Rod what the leach time was and never got a response but I did my own research and discovered that it would take at least 3-5 months to get a one acre leach pad loaded and another 3-5 months for the ore to leach. Nords (NRDS) discovered that it was taking over 6 months for their ore to leach! So add it up - 6 months to get the mine ready after funding and permits are done. The add at least 10 months for the leach process and you are into 2015.
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