Explore & develop projects. What development. Anything worth...

Explore & develop projects. What development. Anything worth anything as been flogged off or is in limbo. Let's see. Old Pirate & Golden Hind ramped up to the max. Result! Open cut a narrow, but high grade deposit until it was no longer feasible to continue mining . No study as to an underground mining project. Then again the boasted grades never eventuated & fell a long way short of what people were told to expect. Promise at an AGM that ore would be treated onsite by the operating gravity plant. Instead a couple of days after the AGM a deal was announced to build a road to the Coyote plant & to pay $3 million to upgrade the coyote plant. A Fate Accompli by management to the detriment of shareholders, who benefited? we will never know.Recently the areas where potential Lithium bearing pegmatites ( the hottest mineral of the moment )held by the company have been farmed off for a pittance. This is a mineral that the world is crawling over each other for. How hard would it have been to send a drill rig into the area & do some test holes. Management & the name might have changed for this company, but the powers behind the scenes have not.

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