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New Gold, Inc. Message Board

  • kentw007 kentw007 May 3, 2010 1:02 PM Flag

    Terrane with Goldcorp!

    huge! Goldcorp just put in 100 mil

    "Mt. Milligan project has grown to host one of Canada's largest gold reserves. And with a huge copper reserve, this impending mine could be one of the most profitable in the world. Several mining companies including gold major Placer Dome saw great potential at this project. But as a result of the gold industry's largest-ever acquisition, it is tiny junior Terrane Metals that is positioned to bring Mt. Milligan into production. But Terrane is not just any junior. This company is run by some wily industry veterans who have intimate knowledge of their flagship project.

    Since Terrane Metals got a hold of Mt. Milligan it has advanced exploration, delineated reserves, and completed a positive feasibility study. TRX has also successfully permitted the project to where it is now 'shovel ready' as it likes to say. This junior is now at the ever-important financing stage, and is only a matter of months from beginning construction."

4.52+0.08(+1.80%)Oct 20 4:02 PMEDT

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