Well I know for a fact Credit Suisse thought it was a risk & so did the bank I worked for that was looking into financing. We could never get a straight answer on the metallurgical tests. There were lab. tests being done, however the results were never released as far as I'm aware. So it may have been rehashed over & over, but its never been answered . Its refractory ore & I'm no geo or metallurgist but I know there were issues then that banks were struggling to get comfortable with. This in my opinion is the main reason Deflector didn't get financed when CS had their mitts all over it.
MYG Price at posting:
4.9¢ Sentiment: None Disclosure: Not Held
DRM Price at posting:
48.0¢ Sentiment: None Disclosure: Not Held