(Total Views: 222)
Posted On: 10/08/2018 7:37:36 PM
Post# of 2066
Quote:
As a company, we will be in a stronger position having a proven resource providing multiple options moving forward,” added CEO Paul Thompson.
For years we heard Don say in paraphrased form: "we don't need no stinkin' 43-101 - just blast and crush and go". He was adamant and ridiculed every person who asked about this topic.
Water over the dam I know but we could perhaps have been producing revenue 3, 4, 5 years ago if CEO had followed a more traditional path - explore, delineate a resource, secure a serious partner - not a no-name like MarMar and exploit the resource to the benefit of everyone. Traditional, orderly, proven path to a junior gold operation.
Better late than never as long as it's not too late but we have lost tens of millions of dollars trying it the wildcatter's way. If they had not screwed up on the environmental grounds way back in 2012 perhaps that would have worked - we were producing gold way back then from the ball mill and that was easy money compared to all that has followed.
That was then and this is now - onward with the new plan and here's hoping it's just as written in the PR. Two words do concern me.
Quote:
Mexus has approached Minetech International to plan a preliminary and qualified results evaluation report
The two words are "has approached". That's pretty weak and doesn't signal they are actually signed to do anything. Maybe it's just poorly worded or maybe it's hope not fact.
rjw/mkc
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