Zephyr Minerals Ltd V.ZFR

Kaiser

[EdwardBlake]

[dstots]

A very good explanation by Kaiser.  Thanks Edward Blake. So they need to get anothe 300 feet or so (100m) to get into the ore body. He also mentions a 200 to 300 m intersection which would be enormous. That means that next week this should really heat up....unless they have more tough drilling problems. A nail biter for sure but hopefully worth it in the long run. He keeps making comparisons

[JMark80]

What do you expect, Kaiser is a pumper who has the personality of a robot. I didn't think much about the Bighorn sheep - aparently Grape Creek is part of the Protecting America's Wilderness Act? Even if they hit, and the grade is there, can this be permitted? There's a lot of opposition. Many great projects have been mothballed because of environmental concerns, etc.

[realty]

JMark, There recently was a large meeting for drill permitting.  Zephyr has the support of the government and local permitting entities, otherwise it would have not made it this far.  I would suggest looking back and researching some of this.  Good question though.

[JMark80]

Thanks. I have researched it a bit, but just because an exploration permit is issued doesn't mean clear skies ahead. I've been there before, not fun. I can think of a handfull of projects that were mothballed late in development. Absolutely looking too far ahead of what could very well be a dud, but can't help it. I believe a congresswoman and the governor were against mining in the

[MrSmartypants]

the governor is a Dem, so anything could happen to block or rescind any resource or energy development, in the name of eco-menatlaism....he has publicly stated he's against it, has also recently written a letter 'of concern' to the unfortunately named Bureau of Land Management (BLM....hahahhahah) about the resumed activity in Fremont County.  could prove problematic at some point

[RYUcan]

Once they see the economic spread from this if it is big, they flip. Also he us just waiting to get his piece. JMO.

[EdwardBlake]

Who cares? If we find an elephant one of the majors will buy it. It won't be our problem and the majors have lobbyists.

[JMark80]

That's not how it works, majors are risk averse. Look at what just happened with Northern Dynasty's project.