The value of Mammoths concessions and what can be and what could be mined is mind blowing!
1 short Ton = 32,000 ounces
Mined per year base on a small mining operation.
Estimated Gold 15,000 ounces per year
$1600 per ounce!
$24,000,000 per year mined
Estimated Copper 50 tons per year
$7500 per ton!
$375,000 per year mined
Estimated Lithium 20 tons per year
$5000 per ton!
$100,000 per year mined
Both Copper and Lithium are a good bench mark for mining, the true value is the gold!!!
Trident Corp fits the picture perfectly
My numbers for this example are just base on research of small mining companies. Current prices are correct and in line with today's prices.
Now IF and WHEN there's a chance Mammoth would start mining it could be larger volumes mined.
If Mammoth JV or Merged with a gold mining company to mine Gold. It would make for a better business sense because if the huge return that would cover start up costs.
Ok I'm just toughing this out there. It can be tweeted changed or whatever. Bottom line is the Gold is worth more than Lithium is to Mammoth.
Nemo, chilling in La Rochelle France for the day! Next stop, Paris tomorrow. Wee Wee....
(IMO) Sometimes I'm to the point, and sometimes I'm out in left field. JMHO