I'm a little unclear as to how the concentrate is produced - I presume its a magnetic seperation, as opposed to floatation, as commonly found with base metals mills (please correct me if I'm wrong).
I do know, however, that one of the big costs in any sort of mining operation is how much grinding has to be done. If Yerecoin is a course grind, you would think their grinding costs (both capital and operating) would be well contained.
Other opinions??
GIR Price at posting:
60.0¢ Sentiment: LT Buy Disclosure: Held