Monday, January 25, 2016 9:35:16 PM
That explains nothing. NBRI thought that they would pick the lowest hanging fruit and went for the old mining area which is not readily accessible so they weren't able to find much. Plus it is in the report that not much is left in some of those parts of the mine so they needed a thorough analysis of the mine and channels to see if it is worth the effort and money before going there. But what brought this company down were the failed raises which were going up to intercept some good gold. And btw there is some gold only 60 ft away and it is also worth a shot.
You like it or not this company did good solid work but spent their money in reopening and refurbishing which took too long and cost too much money and by some failed raises (miner's fault) and plans (I assume geo's fault).
Looking forward to Ruby reopening this spring!
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