Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt
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Message: I don't get it

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Re: Reality-HBM is not your father

posted on Oct 19, 09 06:56PM

In our situation, HBN has a financial advantage over all other possible interested parties. They have an operating mill so no extra capital is required. A new mill of decent capacity will be in the 100reds of millions range. Shipping ore is probably a no starter, so they got this more or less locked down, except if it is found to be so rich and large that a new mill becomes small part of the total cost. Therefore they can sit an wait and see what we find. The larger and richer our find becomes, the more of an incentive HBN will have to act. I own both VMS and HBN so I hope for the whole area to shine!

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