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Strategies & Market Trends : The Ego Forum

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To: hubris33 who wrote (11615)1/3/2013 2:49:13 PM
From: TheSlowLane2 Recommendations   of 12175
 
Hi h33 - I think they have had their set of challenges with both the mine and the mill although I think it is the latter that has required more attention. In fact, some of the things that they have had to address are covered in the current presentation:



My understanding from recent comments is that throughput at the mill his improved to the point where it is now running ahead of mine production which will enable them to make continued improvements to the mill without negatively impacting output. I believe the goal is to get to 5MM ounces of silver production per year within a few years and I think that is achievable.

I have not spent a lot of time looking at the environmental side of the business but yes, it is still very much an active component of the company. They are still working on the clean up there and doing the job is going to yield a large number of ounces (don't know specifics off the top of my head). But the real upside potential is in exploration and production growth, imo. Yes, grades are eye-popping at Keno, that helps a lot.

Of course, not everyone is equally enthusiastic about our frozen friends in the Yukon. Mr. Shorty Pants has been hard at work trying to club my little baby seal of a mining company into a bloody pulp...

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