miyabi gold project, page-8

While I can understand where everyone is coming from with regards to the recycling business, I'll have to go out on a limb and disagree politely for a few reasons.

First reason is that diversity and back up plans are good. The proprietary chemical can be eventually reverse engineered and if that is MHMs only income then it is a risky plan.

Secondly, a good mine can add hundreds of millions, even billions of value to a market cap. With only 100M shares on the register and 3 potential mining outcomes it is good potential to substantially add to the SP in the long term future.

Thirdly, the company themselves seem very skilled in the negotiations that are happening around the smelter and the gold prospect. For my money I'd like to see how far they can take them.

So in summary I believe don't put all our eggs in one basket (IP might get stolen/bettered) and there is massive potential in the mining licenses.

Cheers.