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Re: AHayesC post# 378

Tuesday, 05/30/2017 12:44:14 PM

Tuesday, May 30, 2017 12:44:14 PM

Post# of 909
I don't think they have done a PEA for La Loutre, at least I couldn't find reference to one https://www.lomiko.com/properties/loutre.html. They have done recent drilling & sampling and my understanding is they are going to take that data and perform an economic analysis to see how viable the mining is. The PEA takes into account the current price and supply of the particular mineral to makes it's conclusions regarding that particular mines economic viability.

I'm not going to give up hope that this weird company that mines and tries to sell usb hubs via Kickstarter, among other things, can't get lucky. Even a blind squirrel finds an acorn every once in awhile.