RE:RE:RE:RE:RE:RE:Kereportgoldencraton wrote: TonyLip wrote: goldencraton wrote: TonyLip wrote: goldencraton wrote: TonyLip wrote: A few quick comments having just listened to it. I think they will be dropping a lot of the ground that is not at the edge of the basin. The sustaining costs will be too much to maintain. The focus is whats available at surface as its a lot cheaper to mine. A lot more money than what they and Soumi has comitted will be required to build a meaningful mining operation so anyone who thinks there wont be more money raises is out to lunch. It will be years before they are mining in a meaninful way.
The above are not negative comments, just a dose of reality for people with a shorter shelf life, like Tony. Hats off to nvo for taking it on and to Capn Q for his perseverance. I hope he pulls it off and that nvo can maintain a meaningful interest by the time its cash flow positive.
Tony Lip eh.
Hey.... this "new" guy Tony...
Sounds to me like he’s more than just another handsome set of knuckles…
He's got a brain too...
Glad he’s one of us…and not just another one of those useless brainy bastrds that keep showing up here pretending to be all friendly and peaceful like…
https://www.youtube.com/watch?v=VBT68a56s70 Thankfully most of the brainy bad guys aren’t that smart after all…are easy to spot and have a fun to exploit weakness…
https://www.youtube.com/watch?v=aTe0MjAZvMU Guess we better keep the music flowing…
https://www.youtube.com/watch?v=RZFPiG8dEBk And them green brains poppin.
gc
It takes the time it takes gc. I believe theres a lot of gold in the Pilbar.
Time and lots of money.
Hey!
https://youtu.be/EQBfipewOV0 Tony
And the right person to lead the Quest…
https://www.youtube.com/watch?v=eimpocAKIv0&list=RDEMUwzIBvw7RDqJFD02IlwRig&start_radio=1 I think Q’s Egina timeline might surprise a few to the upside. Q and Sumitomo have already calculated costs to production at Egina at $30 million US. Money is in the bank so to speak.
Around $45 million US in the bank for Beatons Creek I think it was…I’m guessing Q and Sumi calculated they could make the MOY plant work for that.
I also wonder how ECS’s and ore sorting may playout at Beatons Creek in the future. Q stated in the KEReport interview that they can now sort gold particles as small as .4 mm and I thought… BC. Still the issue of dealing with the BC fines though. At the very least I would imagine ore sorting at BC may be used to greatly reduce the amount of ore that’s transported to the MOY or Blue Spec mill.
So I think the money to get to production at these two mines is already there (I trust Sumi's math) and there will be no need to raise more cash. Revenue from these mines will fund getting the hard rock deposits like Comet Well and Purdy’s into production.
And don’t forget…it’s possible that NVO’s exploration teams uncover new gems that take priority over the hard rock program too. So much going on all at once both in the scene and behind…lots of good news coming shortly (by year’s end) I believe.
Good Luck To Us…as TexasT would say.
gc
P.S.
I think it's been about a year TexasT...are you ready to turn you're computer back on...we'd love to hear from you !
There you go gc. You take in all the info you can then make up your own mind. You will do well.
Tony eh
Cheers T,
I’m looking forward to your future NVO buy in as I would consider that a bullish indicator…hopefully before the next run
; - ) gc
Q knows when to hold back and when to let rip…must be hard to exercise restraint sometimes though with all the a-holes in town …
https://www.youtube.com/watch?v=trgKeCFmi3M All his hard work, patience and discipline will pay off one day …everything done right… everything done legal…
https://www.youtube.com/watch?v=R8OWNspU_yE And begrudgingly the mining world will give Doc Q his much deserved due…and likely a prominent place in the mining history books too
. gc