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Ann: Market Update - Delay in Assay Results, page-354

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Jenkstar

1,127 Posts.

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07/01/22

12:13

Post #: 58703590
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Originally posted by The Mechanic: ↑

I am happy to wait, for what ever the reason for the delays, I like the Greenland story and will persist, in for the long term. I trust the board and the geologist. You may be right the first batch of results may not be crash hot but I am confident the other results will come good. Also like the Mestersvig prospect which has yet to be drilled, which contains the historic Blyklippen Mine that produced a total 545,000 tons of ore at 9.3% lead and 9.9% zinc between 1956-1962, at those grades and todays prices that would provide a very profitable mine. There are multiple mineralised occurrences that remain un-tested by drilling there with 13km of un-tested strike length that extends from the Blyklippen Mine. Oh I forgot about Mount Thirsty with the price of Cobalt up 100% in 2021 and expecting another big rise this year, I also like their chances of getting a joint-venture partner to develop that.

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I am with you on all that. There is lots of potential here, just wish we had more visibility of what was going on. It will take many years to properly explore and drill this area of Greenland and we just need a bit of luck to find something worthwhile sooner rather than later.

CNJ Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
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