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Themadgreek

11/02/22 12:11 AM

#16315 RE: gitreal #16314

No but I think they got to at least try it and kill it to do right by claims and investors. It should still raise pps in the process. Maybe give ole baggies the way out. Like an episode of quantum leap and they all get saved!!! What you gonna do when video, photos come out? Say it’s Hollywood and Alex Baldwin was driving the truck? Gonna need to come up with something soon my guess. Best.

-MAD
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avnzig

11/02/22 4:32 PM

#16344 RE: gitreal #16314

Read the press release, it's all there in the first paragraph.
This has nothing to do with gold mining.

"Binding Agreement, having a value of $1.976 Billion was executed between its wholly owned subsidiary, Mitigation Solutions, LLC (MSL) and the Santa Maria Valley Water Conservation District (SMVWCD) in Santa Barbara County, CA. A Final Contract was ratified by all Parties on October 19, 2022. Under this final Contract, MSL will mitigate damage and restore the Twitchell Dam and Reservoir to its original holding capacities at cost of from $1.5 Billion to $2 Billion. The Contract allows for adjustment in the scope and term of the project - over an anticipated completion schedule of 7 to 10 years. Gross revenue to the Company is estimated to average $200 million annually."

Also important : "This scheduled revenue enhances the Company's ability to fund its other natural resource projects without debt or dilution."

And : "Two additional projects are currently in queue."