OTCPK:CTNXF - Post by User
Post by
RatPatrolon Nov 29, 2020 11:48pm
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Post# 31998410
Alpala's PFS Out Soon?
Alpala's PFS Out Soon?On September 30th, SolGold announced a detailed and quite competent update of the long-awaited Pre-feasibility Study (PFS) for the Alpala project.
You can find it on SolGold's website.
Please read it for yourselves.
It is clear to me that, as of that date - 6 weeks ago - the PFS was 90% complete.
On November 10th, SolGold announced the appointment of 3 new directors. All are seasoned directors and 2 have spent decades executing big mine studies into profitable production.
SolGold allowed the appointment of these new directors to ADDRESS ITS BIGGEST PROBLEM.
Indulge me while I think out loud.
By November 10th, the PFS was likely 100% COMPLETE, but there was NOBODY on SolGold's board who could UNDERSTAND with any conviction what WAS IN THE REPORT !
Let me repeat.
Until November 10th, there was Nobody on SolGold's board with any mining heft, who could REVIEW any mine's PFS, much less a PFS on a property of this SCALE. (Remember that Craig Jones, representative for Newcrest and an experienced miner, had left this board over 6 months ago.)
Soooo..... very soon sports fans, this PFS, possibly of bankable quality, having been properly reviewed by SolGold's committee, should be released to its publics.
This report will provide a basis for evaluating SolGold's (and by extension Cornerstone's) major assets.
We c......
DYODD.