coastside1000's  Instablog

Send Message
Individual investor
  • Revett Minerals Provides Update On Troy Mine 0 comments
    Sep 5, 2013 2:10 PM | about stocks: RVM

    "Since the suspension of underground activities in December 2012, Revett has ... undertaken efforts to identify a viable and safe route back into the previously established mining areas. ...Yesterday afternoon, our operating team, along with our geotechnical consultant and an MSHA representative were able to inspect an area extending approximately 400 feet south of the D Drive to current water levels. Initial observationsreveal safe travel conditions to this point.

    ... If assessments and inspections continue to indicate no further structural damage at the Lower Quartzite level, then theCompany could possibly resume mining operations as early as the fourth quarter of 2013.

    ... We remain cautiously optimistic that the remainder of this access route will meet our standards of safety, but we cannot be categorically sure until all inspections are complete. ...

    Disclosure: I am long RVM.

    Stocks: RVM
Back To coastside1000's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $NUOTQ Up 400% on no news. Someone knows something.
    Nov 4, 2015
  • Lots of recent insider buys in $GRMC
    Jan 21, 2015
  • A good sign that maybe the bottom is in: recent insider buying of $DDD starting in November. Prior to that only selling back to 2009.
    Jan 21, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.