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stradzz

1,149 Posts.

334

10/03/22

11:06

Post #: 60109016
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Originally posted by Kingr18: ↑

They have purchased multiple projects to join together in the hub and spoke. How do you think they can get all this in such a short time? The cash burn it the past year is much higher than it will be for drilling and proving resources so the recent raises should last longer.

But we are investing in an explorer, most of us are down a decent amount and there will be more raises as with all explorers. The things that hopefully will move the SP is rising silver price, proving up over 100m oz and if they get mosr decent grade hits at Bygoo and we get a good initial JORC tin recourse estimate.

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What is the state of the “hub” and how much money is required to get that up and running on top of actual production costs. Having second thoughts about this once promising company.

TMZ Price at posting: 5.7¢ Sentiment: None Disclosure: Held
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