$3 million in the last 6 months! Mind boggling, considering they have accomplished essentially nothing. All that general and administrative expense - paying off the huge and growing crowd of directors, advisors, consultants, and management.
And what did Mesa get for the money he spent? The satellite "scans" are a mirage, if anything the Ukranians took a quick look at publicly available Aster data or some other public domain data. Any first-year geology student could do that.
The VERS testing was bogus, if it was even done - it is not an appropriate technology for a vein system. Even in the oil field, where it has the best applications, it is rarely used.
The surface sampling that was done? I am sure those prospect pits and outcrops have been sampled over and over by a dozen exploration companies - and yes, they found gold, silver, copper. Again, a first-year geology student could got to an outcrop and pull a chunk of high-grade rock out of the vein. What a surprise.
And a technical report for all this work? Nowhere to be seen, probably because they know it will be ripped to shreds by knowledgeable folks.
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