Hi Nod,
Thanks for posting and as I have said before, I value your contribution. I look forward to the day you and @Midnight26 finally agree on something! I think by then we might be well on our way up and all questions will have been answered.
Talking of questions, I have had the same thoughts as you in regards to processing the assays and how this would be possible given the leach times required. I also had questions about the delays in the granting of drilling approvals. As a holder of BBX I emailed Jeff McKenzie the following questions
Pretty basic questions and Jeff was more than happy to provide me with a very detailed response of which I'am more than satisfied with. I encourage all holders to do the same. ([email protected]). I would share but as I have been requested not too.
- Would you be able to explain what is causing the current delay in regards to environmental permit approval for Tres and Ema?
- What is the companies plan for assaying the drill cores from Ema and Tres. It appears results have been best achieved through a leach and then routine fire assay. Will this be the process we use for the drill cores from the upcoming program? e.g. Should we expect to wait a further 12-18 days for the leach process on top of transportation and fire assay before receiving first results?
To be honest, yes we still have a long way to go. Do I believe that we can generate an income from mining by my estimated date of Q4 2018, unequivocally yes and possibly sooner. Are there still risks? Absolutely. Would I want to be on the sidelines if they hit and this takes off? No.
FYI everyone, as has been said before, this can gain 100% in a day or lose 100% in a day such is the volatility of this stock. And until we drill and define a resource and an air tight reliable assay method will continue to be the case. All I'm trying to say is don't bet the house but I reckon its worth a crack.
Cheers
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