This is reminiscent of other stocks I hold, where people tell...

This is reminiscent of other stocks I hold, where people tell management to just start digging and get some gold to fund operations.

Do any of you have any idea how a big mine works? Scale. Thats how.

You don't make any money with 2g/t unless you have a bulk operation. You don't have a bulk operation unless the numbers add up.

Those numbers have to show significant IRR, so you can finance it. If not, you have to dilute massively to get the cash to start digging it up.

Aaaaaand, they literally have an options study underway for steam engine!

A Process Options Study is underway for the purpose of comparing the
available options for gold recovery processing methods for the Steam
Engine Gold Project.
• The study is 30% completed and the Company anticipates the delivery
of a draft report later this year.

I'll wager that Peter is more of a miner than any posting about this...