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Recent talk by Mark Calderwood for those interested, I thought it was a very good one:http://www.brr.com.au/event/61594/emerging-gold-producerI found these comments from Mark very interesting:2005-2010: 15 new gold mines coming online in West Africa averaging 200Koz pa in production.PRU drilling meters 2007-2010:2007: 100km2008: 170km2009: Between 100 and 170km2010: >200km planned4Moz in Reserves at Ayanfuri by the end of 2010 more than likely. Banks are also aggressively pursuing the Ayanfuri project. Payback period for Ayanfuri at $US 950/oz one year 3 months.Sissingue could be 11-15km long? At this stage, Resource calculated for only 1km of strike. But needs a lot of drilling.Enjoy.
Recent talk by Mark Calderwood for those interested, I thought it was a very good one:
http://www.brr.com.au/event/61594/emerging-gold-producer
I found these comments from Mark very interesting:
2005-2010: 15 new gold mines coming online in West Africa averaging 200Koz pa in production.
PRU drilling meters 2007-2010:
2007: 100km
2008: 170km
2009: Between 100 and 170km
2010: >200km planned
4Moz in Reserves at Ayanfuri by the end of 2010 more than likely. Banks are also aggressively pursuing the Ayanfuri project. Payback period for Ayanfuri at $US 950/oz one year 3 months.
Sissingue could be 11-15km long? At this stage, Resource calculated for only 1km of strike. But needs a lot of drilling.
Enjoy.
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