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Post by irishpack on Feb 3, 2005 10:06:07 GMT -5
Driller, at one time you talked about the Rachael Property coming online as a processing plant. However in USCA's previous filing they said they were not going to pursue it. What do you think happened ?
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Post by driller on Feb 3, 2005 11:06:46 GMT -5
I think there might be a dispute over a ownership issue as to who retains the rights to the facility. Now I am not sure exactly if that is correct so don't run with this one... but I think that might be the case here with Rachel. Hopefully, whatever is holding the company up on Rachel will be corrected because the facility is really important in my opinion to the company.
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Post by driller on Feb 4, 2005 0:04:56 GMT -5
El Capitan is leasing a building at the Congress Mine for a pilot plant where iron ore will be shipped from 4 different iron ore mines in 4 different states NV,CO,AZ and NM where rail transportation is key here because it will get the ore to US and Mexican Ports for shipment to China. www.aggregateresearch.com/article.asp?id=5439 |
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