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Re: Saving Grace post# 12404

Thursday, 03/17/2022 10:02:10 AM

Thursday, March 17, 2022 10:02:10 AM

Post# of 19531
They have no mining fleet at all. The processing facility will cost north of $1.2B not including a mining fleet. It's all low grade gold and both the gold and silver are mostly sulfides. The 34 year mine life is not accurate for the required facility. The exploration potential is huge though. A $50M exploration project may fill the voids they need to pay for the plan. It's a long play for sure. BUT, it needs to be bought and run by a mining company. Current ownership and leadership don't understand the complexity of this resource.
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