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Re: ohgeez post# 12247

Monday, 05/05/2008 6:31:26 PM

Monday, May 05, 2008 6:31:26 PM

Post# of 17016
'ohgeez'

Why build the mill?

I think that everyone else is asking the same question.

Answers may vary.

To some, the mill is proof that there is value at the DT.

To others, value is only proved by assays.

Normal mining companies rely on assay results to spur fund raising and the success of the exploration effort pays for the mill by proving value in the ground.

Sometimes mining companies make up assays and then jump out of helicopters when they are found out. I suppose that this seems to be a better option than facing the music.

Does building a mill without proving mineralization have a price tag? I wonder. So far it has siphoned wealth to the tune of millions of dollars. To date, the assays have been the bank accounts of investors.

Derb

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