Thank you for the excellent quality DD, small time investor, I think everybody appreciates you sharing your research.
It's a rare treat and pleasure to read your straightforward account, unadorned by any "extra" editorializing pro or con.
Reprinted below:
I called John. Here are some things I noted: (Please forgive any redundancy.)
1.) Doug is expected to return the second week of May. He will have extraction data with him.
2.) We have the 100 TPH and two other dredges moving gravel within 100 yds of one another in Zimi. Initial results are promising. Ron is "excited about another area".
3.) A PhD in forestry is advising management on reforestation & afforestation for the CC project.
4.) $25 million in non-dilutive financing is being pursued to among other things bring 100K acres under cultivation. All rice can be sold in country. Breweries will take all sorghum produced.
5.) Some concentrate has been stockpiled to wash during the rainy season. We are concentrating on processing gravel now. The great amt. of overburden encountered means we are working a catch basin for gold & diamonds. We have found a few 3-4 carat size diamonds already. Zimi is known for colored stones. Stateside John has seen a cut & polished 1ct canary yellow diamond selling for $16K.
6.) We plan to continue dredging until mid July. We will also wash stockpiled gravel during the rainy season.
7.) Doug sprained his ankle getting in or out of a dugout canoe. He had a bit of a limp for awhile but is OK now. We have two cars in our vehicle fleet that make runs to get diesel fuel & supplies.
8.) We chatted about the baja diesel fuel filter used by cruising sailors to keep contamination & water out of their fuel tanks. He is researching that.
9.) You can verify all this by calling John.
Kudos and well done sti!
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