RE: BTW... / bob call summaryI don't particularly want to see it keep going if Bob is even 1/2 right. Those 10 guys bot another milion shares today, and I'm having a hard time paying 50 ... no 53c... as a I write when I was paying 17 c last week <<:-0 ... but 25 mm mcap at today's rates for something bob claims could do upward of 100k oz in a year or two at a super low- cost scoop and dump placer operation .... If the Chinese get in solid and you see some equipment get ordered one could envision a 9 figure mcap.
If I heard righ 20 km by several km of beach sand to hard beach sand x 5m deep @ 1 g ( and higher) = 5mm oz., which can be mined with a backhoe and sluice ... they're doing it with burlap bags right now as informals on the property.
Property is retirment gift to intelligence (sounds like a KGB oligarch) head, which he had his pick of from all over the country. Bob personally ready to buy the "backhoe and sluice" himself, but apparently going to China with Harp, the Tanzanian head of DLKM. Apparently they don't have the China money yet, but that's good if they didn't have to dilute at 18c.
Bob's always claiming you don't have to prove up a resource base, justgo produce ... I don't recall many of those type of situations reallyfollowing through the last few years. But no compliant resource, no equipment, what about permits, feasibilty studies ... I dunno ... at least we're in a different paradigm than being dependent on another broke junior, Canaco giving lip service for two years and doing nothing. At least Bob cleared that up.