IR1 4.23% 34.0¢ iris metals limited

I'm waiting to see drill results. I'm not much interested in...

  1. 5,906 Posts.
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    I'm waiting to see drill results. I'm not much interested in trench results whether they are good or bad. I want to know what is under the ground but not above.

    I'm not interested in current valuation either. There is very little trade volume. But yes mining license is very important indeed. Even though it's not easy to get mining license in the US, the Black Hills area is very familiar with mining as there was gold rush there long time ago.

    I think it'd be good if investors could make some research themselves and see what's happened there and what may happen. There are a lots documented info about Black Hills. It's geologically and historically very interesting place.

    Even the Mount Rushmore National Memorial as shown on the picture below is at Black Hills.

    https://hotcopper.com.au/data/attachments/5461/5461011-c25d93dd42870f7e4d476c1469eb78db.jpg

    And unfortunately I've now learned this; The Great Sioux War of 1876, also known as the Black Hills War, was a series of battles and negotiations that occurred in 1876 and 1877 in an alliance of Lakota Sioux and Northern Cheyenne against the United States. The cause of the war was the desire of the US government to obtain ownership of the Black Hills because gold had been discovered in the Black Hills, settlers began to encroach onto Native American lands, and the Sioux and the Cheyenne refused to cede ownership which was given to them by the US government by law long before the gold was discovered.

    https://hotcopper.com.au/data/attachments/5461/5461041-afa49cfab3f23498e0a1c069f459a651.jpg
 
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