FinanceReally hope you are wrong brazzo.
The peruvian gold mining company is Compañía Minera Horizonte (CMH), a mediumm size gold producer, that belongs to Navarro Grau Family. CMH visited CBJ facilities last year once or twice, and made a DD on our resources, and I am sure they signed a Confidentiality Agreement. Michelle Navarro Grau the lady that has bought 10% of CBJ is one of the members of the family Navarro Grau, and shareholder of CMH. Of course this is an indirect buy.
What I am saying is that we should not rely on this kind of investors, that want to buy the company for pennys. FC has to knock many doors to finance the operations without dilution.
I believe that FC has a big quote of responsibility on the drillings gaps and protocols and the results obtained in the NI 43101 that does not consider the ore in the narrow faulfill veins as indicated resources. They should know the SEC standards and restrictions for drillings in fault fill narrow veins, so it was the geologist and FCs fault? Why the SEC has not considered indicated resources in the narrow veins? What CBJ did wrong?
Checks the PR on resources:
Due to the high relief of the project area, surface drilling efforts have been focused on drilling
numerous holes from individual drill platforms to increase definition efficiency. This has
resulted in significant gaps in drilling coverage along interpreted gold-silver veins. SRK
considers these gaps, as well as the interpreted down-dip extents of the veins, to be significant
exploration targets. In areas with large gaps in drilling coverage, SRK assessed exploration
potential for additional tonnes and grade which will be prioritized by CB Gold in future drilling
campaigns
Comments,