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Re: lonewisher post# 2021

Monday, 07/08/2013 3:06:01 PM

Monday, July 08, 2013 3:06:01 PM

Post# of 4941
Regrettably, I have been unable to find ANY information about the nitrogen leaching process, so I have no idea about the costs. I don't recall LSTG ever having published any information about projected costs, but I'm going to look back over their filings to see if I can find some cost projections. I've continued to search the available mining literature, and have written to the company on numerous occasions asking for details. so far, they haven't even responded.

Absent revenue or a well-funded investor/partner, they have to continue to get whatever funding they can find wherever they can find it, or go out of business. So they're doing what has to be done to stay in business right now. Hopefully this strategic advisor they hired can help them find a strategic investor.

That said, IF I'd had 6000 tons of ore in that Government processing plant since last June, I think I'd be IN MEXICO doing more to get that ore in the hopper and get it processed. That's where the money is, not in payday lenders like Deer Valley or KVM Investments.