St. Elias Mines

Welcome To the St. Elias Mines HUB On AGORACOM Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company
Enlighten me
over 12 years ago
6
7
5
4
5
2
5
9
5
16
10
18
5
6
22
2
3
3
0
7
1
0
2
1
13
3
11
3
5
10
5
7
8
1
4
in response to sculpin's message

Mr. Sculpin, you said "Dynacor, down over the hill has over 600,000 ounces in 3 veins with grades less than ours." I have some questions about this.

I can't find this information on Dyancor's website about their 600k resource. Would you mind providing a link. Thanks. I'm not saying you're wrong. I just can't find it.

Here's the information I did find.

"The company purchases gold ore from government approved miners from all over Peru. Dynacor processes the ore and then sells the gold and silver on the world market."

http://dynacorgold.com/en/index.php

So why don't they say they're processing their own ore? Why do they say on the home page of their website that they process ore from other miners, but say nothing of their own ore?

"Management is actively planning the construction of a new plant in 2012. It has purchased a new site located approximately 150 km to the south of its Acari plant..."

http://dynacorgold.com/en/outlook.php

And if they're processing their 600,000 oz, why are they moving their mill 150km south?

Please login to post a reply
Crazy_Henderson
City
Rank
Treasurer
Activity Points
629
Rating
Your Rating
Date Joined
09/19/2007
Social Links
Private Message
St. Elias Mines
Symbol
SLI
Exchange
TSX-V
Shares
130.4 M (FD) : Nov 29, 2011
Industry
Metals & Minerals
Create a Post