Post by
Wangotango67 on Nov 22, 2023 4:22am
YUKON NEW MINERAL LEGISLATION
YUKON NEW MINERAL LEGISLATION
Has not passed yet.
Still in discussion with open feedback
Has the junior provided their feedback, at sat idlely by ?
1 - Shareholders were not informed ( not informed can't provide feedback )
2 - Gov't + First Nation ( Klaune ) are in partnership
3 - USA is in partnership with Canada ( critical metals )
4 - US Capital Co might own close to 1/2 of junior
5 - Are the aforementioned parties yay - nay with shareholders ?
Did we recieve a memo from Yukon or Junior to offer our feedback ?
Feels like everyone is looking after their own, interests.
What about common shareholders ?
6 - Feels like shareholders are the only party not in a partnership ?
If new mineral legislation has not yet been passed, why is wellgreen
experiencing an upper / lower hole resource calculation ?
PFS ( 2023 ) map of wellgreen shows no A, B conditions.
Why shallow pits, why upper / lower holes ?
Why geology change ?
Why did the ( 2023 ) PFS say, no underground resources were used in,
reserve mineral values ? ( page 222 )
What if ?
2023 PFS was calculated, modelled ( as if ) the new mineral legislation
were passed ?
Mineral legislation's intent - change lots of things.
Could our 2023 PFS have been rushed, too premature, completed
insync of - just before the new legislation using presumed new mineral
changes - but not YET under new mineral changes ?
Why else would a junior not use BOTH upper / lower holes ?
And... somehow overlook,
exotics, iron, dual nickels, titanium, chromium, magnesium,
use 1/2 digest assays, introduce practical entitlement, not best
suited extraction.
Why model using shallow pits ?
Is the underground mine even included in resource ?
Wellgreen always had an underground mine, what if an enviro
condition such as, parkland etc, was placed over deepest drill intercepts ?
Even, backside of, mine - highgrade ?
Why file a very poor pfs even when shareholder said, scrap it.
Use different extraction ?
Why promise Rhodium in video months prior to pfs ?
And not follow through ?
Why did each junior not completely pull platinum groop
minerals from, magnetite = maximize shareholder value
Why create - FE 1, FE 2, Quill ?
Hypothetical ?
What would a very low NVP do to a stock valuation on the heels of
New Mineral Legislation ?
= Keep Stock Undervalued...?
= Allow another to hold stock down and gain more % control...?
= it this being practiced now - no halt - others collect more % control ?
What if Wellgreen Included ?
Iron, Exotics, Dual Nickel, Magnesium, Titanium, Chromium,
Better ( diff ) extraction, higher recoveries, upper lower intercepts,
All zones factored,
= What would be our valuation ?
Just Iron, would add billions.
Why is it, other nickel juniors add iron to their economics ?
Any idea what fronting a nickel does when one chooses wrong extraction
that can't handle silicate solid solution or sulphides in solid solution ?
Sulphides are also considered as, metallics.
Any idea the platinum + exotic values in, silicates ?
Here's a 57 page version of, new mineral act.
Excerpt :
We are now undertaking a process to develop new minerals legislation that will replace the
Quartz Mining Act and the Placer Mining Act. Core components of these current laws are more
than a century old and through this work, we’re hoping to develop forward-looking legislation
that will support responsible mining in the Yukon for many years to come
https://emrlibrary.gov.yk.ca/strategic-alliances/new-minerals-legislation/omnibus-eng/new-minerals-legislation-discussion-paper-feb-2023.pdf
Strategic Alliances ?
lol
Hard not too think,
Wellgreen has been measured, treated as it were already under a new
mineral legislation, that has not yet passed ?
Open Thoughts.