RE:QuestionYou've actually asked a very good question , but one that you should already have the answer to give you claim to be a sophisticated investor and all...but obviously this is just another soft bash....
As you point out in your comment, this would be "mining" and would trigger the production clauses of the original negotiated mining rights agreement - which include purchase rights shares / $$ as well as Net Smelter Royalty provisions ....
Neither of the above would you want to trigger based on processing stockpile material before you complete a 4000 meter drill program of all the near surface targets that have been identified.
As well, as clearly identified, the amended agreement to process the stockpile included only Net Profit Interest , not a net smelter royalty
Obviously the above is just from reading the sedar documents readily available to any astute investor such as yourself...
Of course, given you post here almost everyday like clockwork, one would wonder why you wouldn't just pick up the phone and call Ron given he almost always answers...
Of course, that would mean identifying yourself to Ron - which you obviously don't want to do
So soft bash away @givemeabreak1 - it is a clear indication of the type of investor you are, neither astute, nor informed, but obviously with a motive
Cheers
givemeabreak1 wrote: I buy a company' mining rights (claim). So I start exploration and discover tailing that might have gold in them. So the last I checked whether you want to mine them tailing is up to you. In this case for some reason they had to go back and sign a separate agreement. Anyone know what the reasoning was?
On a side note when is that portable mill starting up?