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Re: pointbreak33 post# 2510

Monday, 08/31/2020 10:11:09 AM

Monday, August 31, 2020 10:11:09 AM

Post# of 2841
The average mine takes 18 years to go from discovery to mining or sale.

Chuck's not selling a share. He still wants $20 a share. Antol and Stapleton I can believe, but why are they trying steal the company back if they only want 15 cents? You know, that $3 million of concentrates went somewhere and somebody made some nice cash off of it. If it was worthless why even take it, it would have been better for the company to have it and then it would expose the mine as worthless when it couldn't be processed.

So much has gone on behind the scenes over the years.

As far as a JV, if the gold is proven with the testing or with production in a pilot plant, and it's economical to mine, no one is going to be able to demand anything that's not fair. A fair deal will be very profitable to both parties in a JV. If it isn't, no JV will happen. This isn't even a concern.