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dmbao

08/19/14 12:56 PM

#141627 RE: Tar sands #141626

The money is already available to restart the known geological work of proving the asset as well as restructuring the business.

Just a matter of management to green light it.

There really isn't much money required to change the share structure, uplist to a higher exchange and follow up with the already know geological recommendations that will result in completed pre-feasibility.

It's pretty simple once a solid plan is kicked off. Follow geologist recommendations for completed pre-feasibility, be transparent and communicate.

So I see no barriers to completed pre feasibility other than management which I expect will get on board soon.


After that we need to secure some full feasibility funds and follow the geologist recommendations once again. A bit tougher as the costs are 5-10X higher but solid pre feasibility, a better structure on a higher exchange and solid communication and transparency will make that happen.

At that point the economics will dictate what's next but what I believe about the project will make its odds pretty good for a mine at that point.

Just got to get there.