Saturday, March 23, 2013 7:26:01 PM
But listen to how they define value:
1. The banks back the horse, not the deposit.
Check. Sarissa has Scott Keevil, an established and trusted name. I believe the geologists at PDAC over the naysayers. Scott is Sarissa's most valuable asset.
2. The best deposits are outcropping
Check. High grade Niostar Niobium is located on the surface.
3. The best deposits are in stable countries where the rules don't change.
Check. Ontario is business and mining friendly. The rules are well established. Regulation demands honesty. What you see is what you get. Maybe the BEST place in the world to invest in a mine.
4. The deposit can't displace or destroy existing infrastructure.
Check. There are no farms, no tribes, no existing development that would be displaced
5. The deposit must be easily accessible.
Check. Nemegosenda is located near existing roads and would be efficient and relatively inexpensive to build out.
To me, the video backs up that Neme is what these geologists refer to as a 'hidden gem'. If 600 Juniors disappear, it will probably just trim the competition.
No wonder Scott has multiple suitors and the SOE tripping over themselves to complete a beneficiation study.
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM