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Re: gitreal post# 2505

Saturday, 08/29/2020 10:03:27 AM

Saturday, August 29, 2020 10:03:27 AM

Post# of 2842
This has been a long and painfully slow process. There is a reason so many are hanging on though. Geologists at both Newmont and Barrick have told our management (so I've been told) that they know the gold is there in quality but they just don't know how to separate it from all the iron and get it out. That's what we've been trying to do for the last 15 years at least, find a commercially viable way to extract it on a large scale. They think they have that licked, but without money they can't prove it. The bulk tests are the last step to achieve that. Of course anyone interested would have to confirm the results, drill enough holes to prove the resource and do a feasibility study.

Let me just say, the shareholders are not the only ones waiting on the bulk tests. That is if you believe our management team (even the prior one said the same).