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Message: Clean Slate

Kerr Mines has wiped the slate clean and are starting over. So, what are they starting with? After the sale of the northern assets they'll end up with quite a few millions of dollars in the bank and the fully permitted Copperstone mine with all the infrastructure in place to start mining. Pretty obvious Kerr is going to focus on Copperstone.

Recently Greg Gibson was on BNN when he was talking about the merger with SGR. He said that Copperstone would always be a low cost producer..... Word is that Bonanza got caught with a poor mining plan that diluted the grade and that can be fixed by better delineating the the high grade veins. Copperstone has produced over 500,000 ounces already and is so close to producing more it's ridiculuous that the market cap is 7 million bucks.

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