Post by
Marcello44 on Jun 13, 2023 6:37pm
IXM Website
This is stated, among other things, on the IXM website:
"With the extensive work which has been conducted on the Scotia Mine and its history as a past producer with known high-quality concentrate, the Company perceives the risk of failure to be low. The Company's confidence in the Scotia Mine project is based in part on two independent NI 43-101 Pre-Feasibility Studies (July 2020 and November 2021), which confirm that the Scotia Mine has the mineral resources, technical planning, appropriate timelines, and robust economics to support the long-term commercial delivery of concentrates."
https://www.ixmetals.com/resource-centre/media-and-insights/financing-of-scotia-mine-to-commercial-production
Comment by
Maxmoe on Jun 14, 2023 11:31am
Obvious questions you should have. Why hasn't IXM, a Swiss gnome, or anyone, just bought it? Why after 2,3 years since those studies has not a boot hit the ground? It's June already. Doesn't look like anything happening in 2023 now. Good luck with your adventures.
Comment by
Marcello44 on Jun 15, 2023 5:26am
IXM is not a miner - but a trader, the third largest metal trading company in the world next to Glencore and Trafigura.
Comment by
Maxmoe on Jul 12, 2023 4:36pm
Glencore, the guys trying to buy teck? Those "traders" ?