Think. About it,the Molyjon is a low grade marginal ore body with a limited mine life.....why on earth would anybody throw good money after bad to ressurect that under the best of circumstances?
I think Fifer knew that and decided the best way to make money from this 'great opportunity' was to mine the gold in shareholders pockets,way easier....then do that neat little property flip where he picked up an abandoned piece of moose pasture for a paltry $1 million and convince the naive shareholders they were getting a bargain by shelling out $30 million.....like taking candy from a baby
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