On February 1st 2012, in the post “Trevali (TV.to): Sadly, nobody took me up on the bet offer” in which we laughed our tragic and ironic laughter about TV.to’s promised 1q12/2q12 start-up date snafu, your humble scribe wrote:
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Here’s what we wrote in November 2011 regarding the Cardero Group’s Trevali Resources (TV.to):
“…the Santander mine is now due to go online Q1 or Q2 of 2012, according to latest company literature. Anyone fancy taking a bet on this Cardero Group “fact”?”
Here’s what TV.to says today, Feb 1st 2012:
"Commissioning of the 'new' Santander Plant
is currently scheduled for Q2-Q3 2012."
Errr….I win. Not even finished Q1 yet and they knock back the timeline further, but it is unfortunate to report that the permabull fools who worship at the feet of Henk van Alphen and genuflect at the mere mention of his name didn’t take me up on my bet offer.
As for the real timeline here, the best guess is that Q3 is still pushing luck hard and 2013 is more like it (just five years after the time they first said Santander would be operational…but hey…who’s counting?).
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VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 12, 2012) – Trevali Mining Corporation (“Trevali” or the “Company”) announces that construction at its Santander Zinc-Lead-Silver Mine in west-central Peru is progressing well and commissioning is anticipated in the fourth quarter. continues here
Well there’s a shocker for you. So much for 3q12 start-up guys, now anyone fancy taking a bet on that 4q12 promise from the TV.to serial bullshit merchants?