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Re: gitreal post# 12785

Monday, 01/04/2016 1:41:16 PM

Monday, January 04, 2016 1:41:16 PM

Post# of 12911
Not true, American Bonanza mined a half million oz in an open pit operation as I referenced earlier. NOW they are in the process of going into the rock, that is correct.

Some operations have done dry-only which only gets up to maximum 70% of the gold, more like half. These guys are doing wet reclamation and should get all the gold out. They'll be digging wells for water and maintaining retention ponds. This is an absolutely huge huge operation running 22 x 7 with at least 4 crews working 36 hours over a three day period. It is being done right and very professionally, and following all the guidelines of the BLM. They'll be constantly measuring their output and even saving off lower grades for potential processing at later times if and when the price of gold increases. On top of that, more lands are continued to be claimed into the fold of WPE that will last for decades into the future. BUT probably much sooner than that, not sure if ITEC will still be involved since their focus is on getting mines off the ground, and by the time this is flying high, it will be self financing its operations, while ITEC is focusing on new operations (but don't quote me on that, that's just an educated guess based on my understanding of how ITEC is setup to profit). At a cost around $450/oz, they should do very very well. The fact that this stock is not seemingly getting any attention makes it even more of a find. The mine owner has been in mining all his life and would be happy to talk to anyone interested in finding out more details.

Feel free to call it a desert dirt scam if you want, that is your right, but nothing could be farther from the truth, and this will be revealed very soon. From a bet perspective, if I am right, what will you give me? If I am wrong, what do you want me to give you (obviously I wont have any money from this stock).

For now, we patiently wait.