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Saturday, June 29, 2013 9:03:58 PM
The problem is that MDMN doesn't even know if they actually have "low hanging fruit".
They haven't even released credible assay results so how do they know that anything they are shipping to Til Til is economically viable.
It appears that JJ is taking a shot in the dark and hoping he hits it big.
Why haven't they done a decent set of assays that can be verified prior to commencing shipments? They certainly have had ample time, that ore pile has been sitting for well over a year.
As a shareholder I'd love to have access to all of the assay results that have ever been completed in excruciating detail. I'd love to have videos of the trucks being loaded to the gills with the 3%+ copper content. I'd love to have the cell phone of the mill operator at San Pedro and the geologist on site at LDM. And I'd love to have my own samples of ore from LDM to assay independently. However, as a shareholder ultimately the only thing that matters are the revenues from the LDM operation. When the company (or its JV partner) does commence an official drill program with the intent of resource classification, that is when shareholders will be getting the detailed assay results. In the meantime, the company monetizes the low hanging fruit where, as I stated previously, the assays and their verification only matter before and after shipment to CMLDM and the mill.
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