To my knowledge baja 14 is not currently operation
Post# of 8059
Posted On: 08/30/2016 7:18:12 AM
To my knowledge baja 14 is not currently operational
though this is dated a long time ago, Brad, as per communication w others, was waiting for ore to return to 100/ton
of course if they mine lump there are premiums for lump as well as for pelleted
as per a public post by somebody else on another board a long time ago Brad was looking for either pellet investors or steel factory investors-both would benefit if Navial's private claims were ready to contribute product also
Brad also was,as per communication to some, waiting for the CWRN vs Geo case to be resolved as an abundance of caution? to make sure mining baja 14 wouldnt cause any problems? even though Brad knew chances of monetary recovery against Geo-even if Bob won that battle- were not great.
Geo hasnt made much money and lost money some quarters as per their public filings-and in March I believe it was they filed to withdraw as an SEC reporting company.
but imo Brads lack of finances also plays a strong role- medisciences excellent research and independent articles posted
by medi, clark and myself showed Navials concession empire dramatically contracting, beginning in 2013, as concessions acquired from 2008-2010 began reaching the 5 yr mark-at which point the govt requires additional investment in those concessions to keep them-most Navial concessions were apparently acquired form 2008 (when iron prices began rising more dramatically) to 2011 as per our research-so unless additional investment were made as they turned 5 years old they they may largely continued to have been let go-which reduces the chances of a pellet or steel plant which would benefit from product not confined to baja 14
though this is dated a long time ago, Brad, as per communication w others, was waiting for ore to return to 100/ton
of course if they mine lump there are premiums for lump as well as for pelleted
as per a public post by somebody else on another board a long time ago Brad was looking for either pellet investors or steel factory investors-both would benefit if Navial's private claims were ready to contribute product also
Brad also was,as per communication to some, waiting for the CWRN vs Geo case to be resolved as an abundance of caution? to make sure mining baja 14 wouldnt cause any problems? even though Brad knew chances of monetary recovery against Geo-even if Bob won that battle- were not great.
Geo hasnt made much money and lost money some quarters as per their public filings-and in March I believe it was they filed to withdraw as an SEC reporting company.
but imo Brads lack of finances also plays a strong role- medisciences excellent research and independent articles posted
by medi, clark and myself showed Navials concession empire dramatically contracting, beginning in 2013, as concessions acquired from 2008-2010 began reaching the 5 yr mark-at which point the govt requires additional investment in those concessions to keep them-most Navial concessions were apparently acquired form 2008 (when iron prices began rising more dramatically) to 2011 as per our research-so unless additional investment were made as they turned 5 years old they they may largely continued to have been let go-which reduces the chances of a pellet or steel plant which would benefit from product not confined to baja 14
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