....corex update...
posted on
Aug 14, 2014 02:33PM
It will be interesting to see the next update from Corex. I am very doubtful they will make much money from this deal.
The grades are very low...H Morgan is putting up the $$ no doubt and they will be looking at a Heap leach mining situation....and they will be taking the major share of the revenue. ..don't what % Corex will be left with but I doubt that Corex shareholders will get rich...May pay a few executive salaries for a while...JMO. Don't know what Jim is working on but hope it is better than this arrangement...at least that is my opinion.