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Alias Born | 03/21/2009 |
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Friday, January 03, 2014 5:23:50 PM
" How in the world can it take in between 20 and 27 years average between the commencement of exploration activities and going into production? THEORY ONLY: In lousy mining environments, potential suitors showing good intent by spending tons of money during the due diligence and contract phases of strategic alliances are having trouble with raising the big bucks in the background"
20 to 27? seems it keeps going up, last time it was 17 years, up from 15 (conveniently goes with up with ever medinah failure) . What the good doctor slime seems to be omitting is that we got into bed with ulander, a criminal. There is no proof he spent any money on DD. What we do know is that medinah got into bed with a criminal, and that hardly sounds like your average exploration activity. Gotta love the way he tries to fit this shifty pink sheet mining scam with the world of mining exploration.
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