Court Update November 28th 2022 Medcan v CGB, page-52

So,,, you disagree, yet you literally confirm my comment in your speech?

My post "They don't know mining, they were an "EXPLORATION" company only, that's why they never turned a profit"

Your quote:
"Explorers do all the hard yards and investigate mineral resource tenements, work with Geologists or Geoscientists to get approvals for mining"
"They all accrue expenditure and don't make profits as a rule"

Unless your argument is some quibble over semantics of the terms used:
"Explorers are Junior miners, not mining producers"
Is this what you are saying? Miner = Explorer, and Actual Miner = Mining Producer.

I shall be clear in my meaning, by looking at the Cambridge Dictionary.


As the company has never Mined anything, Coal, Bauxite or otherwise,
I would NOT classify them as a Junior Miner , but as a junior exploration company.
Which as we know, do not MINE anything, or MAKE AND PROFITS, unless they happen to strike Gold or Oil and sell it to an actual MINING company.

Let us just pray manifold, that CGB is not looking to purchase any "tenement" off Mars Limited. They will either sell it to Volcan for an unrecoverable loan, or they shall spend a squillion to exploring only to find out that there is nothing there.