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clock Created with Sketch. 02/10/24
22:26
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The reference to using high acid levels was done to explore the upper bounds of recovery potential, which again is a standard practice in exploration phases. To suggest that this is somehow misleading is either intentionally dishonest or shows a lack of understanding of how the mining industry operates.
Originally posted by Tomobince:
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Complete and utter nonsense don’t listen to him he is trying to play on investor emotions by framing this as a major issue, when in reality, it’s a non-issue for anyone who understands the exploration procesThe claim that Rimfire was being misleading by announcing “up to 90% scandium recoveries” without clarifying the conditions is completely inaccurate. The full release did provide the necessary context, clearly stating that the recovery rates were based on laboratory tests. Anyone who understands how metallurgical testing works knows that initial lab results are meant to establish technical feasibility and parameter boundaries, not immediate commercial viability. This is a standard practice across the industry. • Suggesting that investors were misled simply because they didn’t bother to read through the full release reflects more on dr spoon heads shorting intent to spread misinformation rather than any actual fault in Rimfire’s communication. The details were there for those who took the time to read them.
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