3RD POSITIVE ( correctrion )3RD POSITIVE ?
Typical mining costs to drill are approx $200. meter ( give or take )
$200.meter x 200meter holes = $40,000/per hole
$30,000,000 million
~ $40,000 per hole
= 7,50 drill holes
750 holes x 200m = 150,000m
Excuse thev error...
Evenstil.... 750 holes is quite significant.
It could drill out many zones.
And... these posts are not - investment advice -
Junior is proposing an upto - 10;1 share consolodation.
These posts are meant to provide alternative options.
No more, no less.
Shareholder simply voicing an opinion due to - no open dialogue or, shareholder meeting.
Again... all based on, does bmk have enough gold between two pits to amass 25,000 oz ?
If by chance they do... and hav e a permit to mine...
Why not put it to use ?
Cheers...