You have no idea of gold mining n what goes into looking for...

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markie125

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29/03/21

02:29

Post #: 52099594
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Originally posted by vcubitt: ↑

What is drilling a hole in the seabed and then extracting gas or oil if not a form of mining? Gold is no more or no less where you find it than gas is. The only difference, unfortunately, is that gold never flows back up the hole... But geology indicates where both are likely to be found - it's a matter of drilling / sampling in the right spot to intersect their very limited but often predictable occurrences in the earth's crust.

There's no such thing as luck. It's science. Perhaps somewhat needle in a haystack kind of science because of the vastness of the earth's surface and crust, but still science. But yeah, it all costs a lot.

I'd happily buy more shares if MEC went into gold exploration. Gas can't be reused but gold is forever, quite literally. Hint hint David!! I dream of the world back on a gold standard every night and love the glint of gold like little else... What do you reckon Whiplashed? MEC for gold exploration? Perhaps this could form a new thread Whiplashed ... what do shareholders suggest MEC should invest in other than PEP11, PDF or not???

We have to get MEC's blood pumping again somehow.

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You have no idea of gold mining n what goes into looking for gold.

they better sticking to gas n pep 11 n look for gold onece they start getting some income back.

because a drilling campaign cost 20 to 50m n thats to find somthing. N if cores are back shit or too deep or cost more to extract then profit then gold mining is really shit especially when u dont have the money so db should keep the funds for pep 11 n stay on course.

Because mining for just to find somthing is a endless hole money burning.

MMR Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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