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Wednesday, August 29, 2012 10:42:45 PM
But, a public company has the responsibility to prove to its shareholders that their mining project has recoverable, economic gold at their prospect. And, they have the responsibility to utilize testing results and reports by credible, third-party geologists or mining engineers. So far, with the Gold Star, not so much......
As for the so-called Azurite Mine, same story. Yes, there was gold there, and probably still some gold there. Economically recoverable? I see no proof of that, and a report by an unlicensed mining engineer is not a good first step.
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