Monday, July 27, 2015 3:28:53 PM
I apologize for breaking in here but we just can not make conclusions about the profitability of mining these claims until more data is collected i.e. aeromagnetic survey followed by drilling targets, trenching, then actual drilling and core assays.
Exploration has barely begun and we have no idea what has been going on, if anything, with the LDM, Columbo and Caren claims.
The aforementioned claims are, I believe, the reason AUYRN is so interested in this greater collection of ADL claims.
www.otcmarkets.com/stock/MDMN/news?id=95369
It has been stated elsewhere that exploration work has been done on the Caren Claim for decades with the owner's permission.
It is my opinion that it is quite possible that enough information has been gathered from the Caren and LDM claims for AUYRN to reach their own conclusion on profitability at today's prices. Of course, "radio silence" has kept the rest of us in the dark.
Long story short, shareholders and observers just do not know enough from the published information to make a judgement on profitability on this very large collection of claims. Not in the short term or the long term as HR as pointed out.
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