Gold was only about $800 an ounce when SOG did their feasibility study, and as to CLZ's work I've got no problems with their trial mining approach if it saves them doing a definitive feasibility study, a DFS is only working to a bank's rules. If you've got your own plant you make your own rules. You control the gold when it comes out the end and shareholders are never going to know the true grades or final quantities of gold, or whose pockets it goes in.
That's what really pisses me off, there will be very loose accounting, in line with what we've seen so far. There's a hint to what is going to happen... the people who supplied the plant apparently are going to have control over running the plant...THEY'LL be making there own rules.
Hope a few get to see this before they censor me.
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Gold was only about $800 an ounce when SOG did their feasibility...
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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