RE: ReMuskiman Mad money here is the problem we all have . My example could be out of wack but I believe it to be close. Voisey bay deposit bought by INCO for very large dollars had to revamp their extraction process to get at the metals. No big deal all mines have to do metalurgy to find the best method to recouop maximum recovery of metals. I believe anything over 80% is good and Of course 89% would be excellent. A loss of 10 to 20% of value right off the top.
they are in the process os putting in a BILLION dollar processing plant and possible smelter. Interest rates becomes a factor.Most companys would in an ideal world like to get their inintial costs back asap.
environmental studys need to be done . Good news we are in BC where the Liberals are Mining friendly. No one will pay millions or billions with out the OK from all pertinant regulatory bodies takes a good year after drilling to see what size of deposit. ETC
When I worked with Starfield we developed over 10 billion in cash value which I expect to see upgraded this year as that has not been done in a bout three years. They have to date spent over 50 million on programs.
They now have a huge float but not that big for the size of the project though. Take a look at them and what has to be done to get the job done. strafieldres.com and compare .
Our molly property is no where near ready for sale in my opinion. Please check and give me your opinion as I believe this stock is about to fly.
Also Take a look at their last news release as far as progress is concerned.
The people who took down their last several PP were owned BY the ING bank. and the RAB fund. Fidelity trust made a news release a while back stating they had aquired 12 % of the company.This one is close to being pkg with big time partners.
We on the other hand can not even find out who it is that are about to raise several million for exploration. Although it is My belief the company HAS to make that comon Knowledge not a PR secret to attempt to bring in market support through the un known. Regards Jim Andrews