Mondo, you were on the right track with your first post. There is no trial mining, it is a bulk sample to try and understand the nugget effect of the high grade reefs (never guaranteed to give an accurate answer) and any gold recovered from the sample (if they get approval to undertake it)will need to be held until after they are granted mining tenaments and mining licenses etc. No mining can take place until they have the licenses, environmental approvals, Native Title agreements etc. etc.
The only way we will see value in the stock is if the deposit is expoited in a profesional, logical manner. I know I will get howled down again but this will involve some dilution and debt. The dream of doing it Mickey Mouse style will not attract the type of investors required to make this stock move to the levels I think we all agree it deserves to - multiples of it's current price
My opinions only
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- great link reiner and comments always chuk...
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27 | 77550599 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.004 | 12573192 | 18 |
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