Tuesday, February 09, 2021 12:38:24 PM
Because of some infighting on the BOD the mine has been sitting idle for a few years.
It's said to be one of the Richest Gold, Silver and Platinum mines in the US. (read NO foreign government bs)
The major key to it is it's a surface mine (easy and cheap to work). The Catch is that the precious metals are mixed with one of the densest deposits of Iron Ore anywhere in North America.
Thats a Plus & a neg. In the past, the technologies wasn't there to separate it. By the time the company figured it out, they ran out of money and board members started fighting.
The Iron Ore sells alone will pay the mining cost, leaving all the gold, silver and platinum to be refined.
A quick influx of cash, some changes at the top and this baby is Flying!
Projection at one time were about $400 a Share.
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