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kaeamrjs

12/10/18 8:31 AM

#14669 RE: coh #14668

That's not very lofty goals and I doubt they cancel their promissory notes.


So you only place value on the mining claims. No value on those wonderful gaming machines in the well traveled to Nicauragua? And what would those mining claims be worth today if JP were left in charge? I suspect a lot more than they are valued at today.

User-65225

12/10/18 8:52 AM

#14670 RE: coh #14668

Are you talking about the worthless claims in Idaho? The ones that they got for nothing because it’s too hard to produce gold there without cyanide?

Do they have some different claims, because no one’s going to be producing gold at the Quilliams old site (WEN). They would need tens of millions just to get started.

There are too many better/cheaper areas to mine, especially if someone has to use cyanide... There are no more cyanide operators in Idaho for a reason. A reclamation bond in Idaho costs millions. This is cash someone has to put up and leave in the bank, until they’re done mining. This cost alone has made Idaho an unviable area for cyanide operators. It’s really only economical in Nevada, which is where like 99% of American heap leach operators are located now

kaeamrjs

12/12/18 5:32 PM

#14676 RE: coh #14668

Not looking good for those goals. I'm not surprised though