They give an appreciation of what kind of head start Carolin has - portals to the u/g, building facilities (including mill buildings), tailing impoundment area, ore conveyors and support structures .....
http://www.moduleresources.com/index.php?option=com_joomgallery&func=viewcategory&catid=1&Itemid=114
3 comments:
Hi muckmonster,
Unfortunately, I am unable to help you with your question. You might want to contact IR. He might be able to give you an appreciation.
Actually, I am quite disappointed that Century has not proactively provided detailed info about the Bedard Dyke results and detailed plans to mine the ore (either vie News Releases or the Conference Call). I think this is largely why the share price is not being supported, and is being allowed to drift lower.
People are told that Century will be mining ore (stockpiling ore) in March, but they have been given no details to support that statement. The Bedard Dyke is suppose to be the very first location to be mined. Yet, no drill results from the current drill program have been released and no detailed plans shared with regards to the first collection of ore. People shouldn't have to go after the company for this. Good management is proactive about educating the market. If info is not ready for release then management should proactive set the expectation that it's coming (and what type of info should be expected). Education allows people to make informed decisions.
How will people be able to visual everything coming together for first ore collection in March if the company hasn't taken a proactive approach to educate them on how exactly it will happen and haven't showed them the data to support it the plan.
IMO, very poor job!
I work in a gold mine. (gold corp musclewhite)this telephone confrence was alot of info.she talked about a new crushing circuit time frame seems possible if you have all you need for the job on hand. She also talks about the new fleet of equipment lead times are long on new gear. she must have some type of convayance to the mill in place? this finsky an scola what do you think? it must be good there not going to throw there money away. I'am looking for .80-1.00$ by the time they pour or shortly after, we can`t be pouring gold from two sites and not be worth more than a buck. thanks your thoughts would be app.
Thanks muckmonster. I think April is likely reasonable for having the new crusher in place. My guess is that we are probably near the tail end of the process, with perhaps some last mine preparation of the crusher then delivery and then going through the installation process. That's just my thinking though. I say that because (if I'm not mistaken) the process started around 2 years ago. I think they gave the contract to a company to design and build the new processing equipment for us. The global financial crisis then hit us and everything was eventually frozen. My guess is the contractor perhaps did most of the work and then put it in storage until Century was able to move forward. That is only my logical guess though.
At this particular moment in time, I feel very comfortable with Finskiy and Scola. I also like their vision. I feel that they have the successful executive track record to make the vision a reality. Of course, they can't control the gold price, but I think they have demonstrated in the past that they have the executive background to build a successful mid-tier to large size business.
For example, I believe Finskiy was one of the key players in starting up and building Norilsk Nickel into one of the most prominent and major mining companies in Russia. Norilsk Nickel then spun out its gold assets into Polyus - the largest gold company in Russia, with 1.3M annual ounces of production. Finskiy is still a member of the Board of Directors for Polyus. And, as we all know by now, Finskiy is also the CEO of the mining and exploration arm of a $25 billion Russian investment company.
It appears as if both Finskiy and Scola know the mining business and also the executive world. I think another key will be who they appoint as Chairman, and what that person is able to bring to the table.
It's also good to hear that Scola will be attending the road shows with Century. He is making himself available to talk to investors in person. That's a really good start. It's a good sign - perhaps a small example of them willing to do what it takes to make this work. I guess only time will tell, but so far they seem to be doing the right things at this very early stage.
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