Never heard the results of the joint "study" ? I wonder why ?
Because it was a baldfaced, unabashed lie. Pure fabrication. Designed to remove the last bits of cash from the pockets of ever-hopeful investors.
By the time of that PR in May, PT had already decided he was done with Mexus and the Santa Elena Mine. He was selling equipment that had cash value, and probably taking everything else of value back to the barge construction yard in Walnut Grove. The fact that he did not take out any more toxic loans after that point probably meant that he simply didn't need the money for an operation that no longer existed.
Doesn't the company owe investors an honest explanation of what is going on at Santa Elena? Of course it does, but the silence of PT says a lot about what he thinks of investors.
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