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Re: BigBaboon post# 69563

Sunday, 07/05/2015 2:46:00 PM

Sunday, July 05, 2015 2:46:00 PM

Post# of 80983

Company's don't have long feasibility studies to to waste their time and money for three years just to walk... it is a strategic process in best managing their money spent and investment return...

Companies generally do not perform whatever "long feasibility studies" until they've done the necessary legwork to accurately measure a resource. We don't even have a NI 43-101 compliant report (which Medinah breathlessly PR'd was a hopeful outcome with the Auryn-funded exploration)yet, nor is there much reason to believe we're even close.

Talk about cart getting ahead of the horse! Auryn has hardly even scratched the surface (pun definitely intended) in terms of meaningful exploration given the size and scope of our property. There is absolutely no reason to confuse this issue by yammerings about "strategic planning for development". We need boots on the grounds, grids of drills, and mountains of metallurgical analysis performed before feasibility studies come into play. Five drills don't cut it, Baboon. If you have any proof or evidence they've drilled more than that, please post it, though I'm not expecting you will since this is the 10th time I've requested same.

And don't forget, Auryn isn't a mining company. They're an intermediate exploration outfit. The only way they fully monetize this asset is to measure and report within accepted industry standards and SELL or JV to a miner capable of running such an operation.

Les lies, Baboon. When he's not swindling, that is. As JetPilot correctly observes, leopards don't change their spots.