InvestorsHub Logo

es1

Followers 153
Posts 16535
Boards Moderated 0
Alias Born 07/13/2009

es1

Re: webpence post# 139381

Wednesday, 04/23/2014 10:44:57 AM

Wednesday, April 23, 2014 10:44:57 AM

Post# of 165855

I believe that 4 more holes to complete the NI recommendations would cost another $250,000.



I agree with this...

So how much did SOE give us for an exclusive? What happened to that cash?

We had a gift from china. The gift was all 5 holes twinned an a 43-101 compliant reserve. Why didnt we accept? What did scott use the 1/4 mill on? Why did he spend it there when it did not do anything to move us forward?

Following that drilling they will be paying for a new 43-101 EVALUATION to find out if there is anything we need to do before we can have a 43-101 with a resource estimate. If there is anything to add to it we will do that.


There isn't a need for this step. There have already been enough QP's weighing in. The latest one has 45 years in mining. I think his recommendation is clear enough.


Apparently you are wrong. Why did we need 2 different 43-101s? because "bare minimum Scott" Attempted to claim a resource when he couldnt. Why would he do that? Didnt his person with decades of experience know that they couldnt claim a resource?

There is apparently a need for this step.

$300,000 would do the trick.


For the bare minimum 300K would be enough. That is why Scott needs $1M. He needs to go above and beyond the call of duty here. He needs to do something FOR the shareholders instead of doing something TO the shareholders. Prove his intent to be a mining company. Put his money where his mouth is and dont loan money to the company. INVEST money into the company.