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Bottletree Drilling, page-3

  1. 560 Posts.
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    Great post Mode.
    I share the same views on SE and the disappointment we haven't done anything with it yet, i know a few in the T30 share the same view.

    Regarding the video it is interesting, size of the prize i enormous, i guess the difference with SPQ and some of the other junior explorers on the call is they have major mining companies backing them with funding which is required and a lot of it to hone in on a major discovery..... SPQ are and have been trying to go it alone for a long time now diluting heavily and putting their hand out usually to sohps - SE had the potential to reduce this and provide enough funds to go it alone and give it a good crack at BT.

    Regardless of what happens now at SE, it is many years away before we see funds, especially if its a standalone approach which is what i fear will be the outcome. Additionally you'd rather be processing the gold at the beginning of a gold boom rather then at the end - who knows where gold price will be in 2027/2028.

    Seems like we have to wait and see what happens here now. GLTAH.
 
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