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Message: A Video of Andre Fortier, posted January 15th on the website. Link inside Post.

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A Video of Andre Fortier, posted January 15th on the website. Link inside Post.

posted on Jan 18, 08 04:14PM
Key Parts of the Andre Fortier interview with the Richmond Club.
2008 -
20,000,000 lbs of Copper
20,000 OZ's of Gold
Revenue of $80,000,000 for 2008 Projected. This will be with 2/3'rd's capacity of the mill.
Cash Position - $1,000,000 dollars as of the interview.
Mill - 3,000 tpd
- Discussing if they were to build a new mill, 50 million dollars if they make a new one.
- Expansion of Merrill Island possible.
- Exploring different
About Analysts target prices. As of right now "some are watching but some aren't covering us"
Interesting question about why this market cap is at 50 million when we have all these factors. Andre's answer is basically financial difficulty.
Copper Rand - Projecting 5 Years
Merrill Island - 1.5 years before decision to expand.
Corner Bay - 3 to 4 years for initial bulk sample. Going down to a 1,000 metres after this.
Cedar Bay - Could be 3 to 4 years of operation.
Andre - "Need to do more drilling."
- Lots of goodies, listen up.
It seems like the guy talking baffled by the lack of market cap. As we all are.
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