Vlads Company Gemcom has created Whittle, which is the latest technology for maximizing open pit planning and production. This technology combined with the 50,000 meters of drilling for the updated Feasibility coming out next month should increase our proven and probable reserves by 25% to a recovery of close to 6 billion poinds of copper. This should increase the mine life to over 23 years and reduce the costs to perhaps under $1 billion.
Can you say BIDDING WAR for this deposit. They are pretty quiet about the Iron Ore. 7 million in options at $3.55 should be a done deal for all.
How many mining companies in the world have someone as influencial and powerful as Harry Reid pitching their project.