Replies to post #467 on Idaho Strategic Resources (IDR)

[mick]

THANK YOU $NJMC

RE;
mick its good news here from maverick one -
the recently acquired alder gulch area, 368 acres, was never explored by the 3 majors who historically operated in area.

From this press release, there is considerable information in regards to their future plans with it.

Evans claims shows potential gold and the gold lady prospect the company feels has potential as well.

But more importantly is what they stated about either a new tailings compound or A NEW MILL.

That would mean a 2nd mill and that hints strongly that expansion is in their future plan of operation.

The same family controlled alder gulch for 100 years- now John Swallow acquired if after 3 long years, and consolidated everything west for 1.2 miles. It’s located right above the town of Murray and trends west.

New Jersey has 477,000 oz’s of gold, with the golden chest, but with that recent acquisition and telling signs of mineralization and veins on surface
- look out bob

- New Jersey may have hit paydirt with this 368 acre sweet pick up, which has potential to boost their proven and inferred oz’s up in the future.

The mention of the potential new tailing area and or new second mill, has got my attention. Too me, it kind of revealed their future possible plans at EXPANSION.

For John to be bringing this up, and hints of classic signs of gold mineralization too me tells their story.

Restricted on the $885,000 subscription have been locked up that funded the acquisition of alder gulch and recent $200,000 private placement for working capital etc
- tells me their doing quite a bit more production and using far less money in doing it. Their executing and being wise about it, without going all in throwing money out the window.

Def heading in a strong direction. Now their talking about possible JV deals in central Idaho on horizon possibly. Like the progress being done here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155471783

[maverick one]

Surprised somewhat there isn't more activity here, this cracked .22+...

[maverick one]

NY this is showing some life - the blasting at the top of the mine is IMO, has been so far a pretty shrewd move on John Swallow’s leadership and Jerseys management’s part and upped their gold recovery - they also filed to extend toward the north -at the top of the peak - the same blast zone. Their onto something likely. They from looks of it may have plans for a 2nd blast zone. We’ll see, or maybe a 2nd mill? It’ll be interesting to watch this unfold. Like seeing the actual mining taking place and forward moving Corp expansions. But IMO- making smart prudent decisions on where and how much money their spending. They keep PR’s to a minimum, and IMO - moving forward. Support here in .20’s lately - we’ll where PPS goes from here of sinks back a little. Either way - I’m not going ANYWHERE. However, with what their doing - I have been trimming some long held shares of next door neighbor Hecla off and I’m pulling plug on all of my HL shares within 30 days. After decades - it’s time to part IMO. I could go back - anytime- but I see long potential here with the JERSEY BOYS. IMO ONLY- HL it appears to be meandering as of late and with all of their production - it’s always been a fairly low PPS- saddled with some debt. IMO- I like the way Swallow is running this and it’s direction since he jumped up in the saddle with his boots on. I like their viewpoints on keeping debt low and shoot smaller. IMO - this has more potential than what the market has been valuing this. It’s here in AMERICA, supporting our precious metals industry and American economic security - Jersey is not in ANY far flung countries, chasing their tails, like a rabbit. Central Idaho, North Idaho, MT. Sign me up. Wait I signed up MANY years ago. Since Swallow arrived - it’s trending. If it gets past .25+ and high .20’s and into .30’s then it will gain more market cap slowly but surely. IMO the trick in mining is to spend less, not more and get as much precious metal recovery as someone possibly can - stretch it out- grind it out. That’s what they’ve been doing IMO. I was up the north fork CDA recently fly fishing my fav places and little known tributaries that feed it, deep into those mountains. Just a beautiful area, rich in mining history. It’s extremely stable with local seasoned expert North Idaho generational mining families - who are experts in that type of narrow vein hard rock blasting- and now their BLOWING top of their mountain that looms way up an adit- scooping up and trucking it down their S curve dirt road to their floater mill and it’s in the world famous Silver Valley. What’s there not to like here and did I mention their NOT chasing their tails overseas investing wasting hundreds of millions of capital that saddles bigger corporations? Their focused in their backyards and making lemonade out of lemons. Even if it slips below at some point below .20 - IMO- over time for myself personally - Jersey has real potential. I like small, I like low debt, I like staying in their backyard. I’ll be adding throughout this week and next 3/4 weeks. Go Jersey Boys - GO. The sound of the blast BOOM zone is a music to my ears and seeing trucks loaded up going in and out.