mineral exploration and development

Romania, Hungary & Brazil - N.I. 43-101, 5.09 M oz & inferred 5.66 M oz of Gold plus 175.0 M lbs of Copper .

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: News...PEA out and it looks good!!!
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News...PEA out and it looks good!!!

posted on Mar 23, 2010 09:01AM

What stuck with me was that they would pay thr $509 million initial cost back in 3.3 yrs. With a 19 year mine life that means 16 years (so far...they are still drilling) of profit of over $150 million per year. I think they are going to catch the attention of a few analysts and maybe a few majors. The other big thing I see is No cyanide! I think permitting will be a breeze, especially since EGU just got a key permit.

The lack of legacy mining issues and sensitive archaeological sites, the use of a flotation process for Au-Cu recovery, which does not require the use of cyanide, and strong community-based stakeholder relations have provided Carpathian with good support from the local communities

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