Monday, April 08, 2024 1:48:34 AM
There's another guy that posted on ST today or maybe yesterday who claims to be in the mining business, and posted pictures of a quarrying operation he worked at. A quarrying operation is not comparable to precious metals mining/processing. In a quarrying operation, most of what they mine is turned into a saleable product and tailings are a completely different issue than in minerals mining world. 99.99% of a precious metals operation ends up as waste - either in a waste dump, or in tailings. And the waste products are usually toxic (heavy metals, acidic, etc.) unlike in a quarrying operation.
Wow, averaging down from February 2021? OUCH. I wonder how low he'll go....at this point, he might as well ride it to zero.
Do your own research, use third-party sources, and don't buy into the hype.
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