Post by
Shamrock58 on Mar 18, 2022 2:01pm
PEA/Elaborate
After listening to the CC what TD said actually makes sense . Assuming in the new drill results they have found other minerals , two being tincal and kernite, commonly found in boron deposits . In order to extract and market those minerals they have to be in the PEA/Elaborate in order for Balkan gold to extract and market those . If they are not listed with estimates etc. then they will not be listed in the certificates of reserves , exploitation /mining license etc. By delaying and including the new finds it saves Balkan gold from having to reissue an amended PEA/Elaborate., avoiding delays at a critical juncture in actually marketing and development of this mine. (assuming companies see the full potential and want to be involved ) . That is my take on it, hope it made sense.
Comment by
minepic on Mar 18, 2022 2:20pm
PERFECTLY SAID! In spite of what some are saying, the management teams at EV/Temas are getting this absolutely right. This 200ish page document should be highly marketable as it will allow for submission to the Serbs for COR and mining license.
Comment by
ListenandLearn on Mar 18, 2022 3:12pm
The lenght of the document is inconsequential - Why are bringing it up? The basis of the document has always been to support the COR and the mining license. So, that is nothing new. As for "marketable", let's see what the SP does when we finally get to see the PEA. "They're getting this absolutely right" - About friging time, I would say...
Comment by
minepic on Mar 18, 2022 3:17pm
Yawn, you bore me. The only thing I liked that you said is that you are looking forward to see what happens! Otherwise you think you are a history professor? You bring nothing constructive to this board and therefore nothing constructive to YOUR investment. Can't fix stupid. IMHO