Dolores Mine - Sierra Madre

A New Mid-Tier Gold & Silver Producer - Mexico

Free
Message: Leaching of ore on the Pads at Delores

Leaching of ore on the Pads at Delores

posted on Jul 08, 2008 03:09PM

Mike related that the leaching will not start until they have enough material on the pads ...which he said should be shortly( that is as much of a commitment as I could get out of him).

Upon pressing him as to stockholders dissatisfaction with timely releases he did agree that the leaching of the ore on the pad would be a significant event and we would probably get a News Release to that effect by the company. We will have to wait and see if I read him right.

As far as the protesters are concerned meetings with government are continuing but it is not know when anything will come out of all the meetings.

To me, leaching the ore is the most important hurdle to cross now. No leechy no cashy !!

As far as the positive cash flow in September it is hard to say. Mike did say that they would be able to sell the dore bars after they are produced at the mine so there would not be a delay until the silver and gold are separated out of the dore. The dore bar will contain about 98% silver and 2% gold.

Share
New Message
Please login to post a reply