Hi JTorres and all,
i wonder if Glencore had any similar discussions with White Cliff Minerals
I seriously doubt it, or it would be splashed around as positive news from you’re not so dynamic-duo.
Even if they had near surface Gold, Silver, Copper, Lithium, Cobalt and Iron Ore in Bonanza grades amenable to simple gravity mining techniques you would still need a major change of management attitude in my opinion. Not to mention a lot more cash and shareholder dilution.
You are probably due a couple more enticing positive announcements ahead of the next CR!
If there is to be no drilling at all this 2018 season on the Aucu prospect and WCN is now focusing on it’s WA properties one wonders if this Gold rich asset should not be sold to raise the next round of funds. Nearly half a Million ounces of near surface easy minable Gold and only 5% explored, surely some company would be interested. It would make a nice change for shareholders as well and save them from having to dig deep into their pockets once again.
Even a minimum $10 Million would buy a nice Knightsbridge apartment and lease an office and allow for a London listing and possibly some type of cash / share bonus for your diligent directors. Then armed with a couple of Saville row suits the duo could commence their spruiking to the London boys to add to the current sophisticated shareholder group.
Of course, as always just my personal thoughts and opinions and certainly not investment advice.
Cheers and very best regards: Andy
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