Thursday, April 26, 2012 9:56:22 PM
If the property at Lipangue is so promising and sits so close to Santiago and at very favorable altitudes then why hasn’t some major mining company discovered it by now? After all, when something sounds too good to be true then it usually isn’t true. This would especially apply to nonreporting junior mineral explorers trading on the Pink Sheets. I’ve been wrestling with this question for some time now and it wasn’t until I was able to spend some time with Sr. Quijano as well as the corporate geologists that I could get my arms around this apparent conundrum.
It turns out that the properties at Lipangue have historically formed a patchwork of small properties held by a variety of different ranchers and landowners. No major mining firms have had the time or temperament to consolidate these properties. Sr. Quijano, a mining attorney and one of the largest owners of mining properties in Chile has been slowly weaving that patchwork of properties into a quilt worthy of being of interest to major mining corporations. It has admittedly taken nearly a decade but now the property complex has apparently met and exceeded the threshold requirements for these mining behemoths.
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