RE:RE:could be way worse...
For the record geocycle - I gave my weekend post some thought after reading your reply. You’re absolutely right, these guys do not come cheap; their “progress” is VERY expensive. Thought I saw that someone gave you a 5-star rating on your post. I agree with the 5-star rating (wasn’t me who lowered your rating). <There, I just tried to bump your rating score back up >
Now here’s something to (re)consider.
Luz Helena Sarmiento quote:
“Yes. Look I'm working an idea: sell the in situ reserves. i.e. purchase the reserve rather than having to sell the bullion to the Bank of the Republic you can leave it in the paramo, as if in vaults of the Issuer. The size of the reserves can be proven ... It's like a negotiable paper. However, it is an idea still in development”.
Translated from this paragraph:
Sí. Mire, yo estoy trabajando una idea: podrían vender la reserva in situ. Es decir, el que compra la reserva en vez de tener que vender el lingote al Banco de la República lo puede dejar en el páramo, como si estuviera en bóvedas del Emisor. El tamaño de las reservas se puede probar... Es como un papel negociable. No obstante, es una idea aún en desarrollo.
From this article:
https://www.eltiempo.com/vida-de-hoy/ecologia/entrevista-con-luz-helena-sarmiento-ministra-de-ambiente_13751258-4
>>>>>>>>>>>>>>>>>>>>>>>
My guess is we have NOT seen all the CBJ cards. Low card first. The better cards are yet to be played.
Just a neighbourly thought: how about doing some *more underground drilling towards CBJ land from GLW’s El Volcan mine to prove up more CBJ reserves (just like borrowing a neighbour’s new power drill)?
Here’s the mining catch: the drill and/or the material found are not free. Not these days. The question is “what’s a fair price” for services rendered?
* (assuming GLW is allowed to drill of course)
.