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Plexmar Resources Inc V.PLE



TSXV:PLE - Post by User

Bullboard Posts
Post by Tibberon Jan 08, 2010 11:24am
239 Views
Post# 16655148

RE: WELL, MY OPINION ....

RE: WELL, MY OPINION ....Bolsa is in elephant country near HUGE mines (c.f. Tambogrande and .....).


Speaking of ridiculously wild remarks.... There are no mines in the Piura area.  There are two very large deposits that have never been mined ... that is a huge difference.

Tambogrande was quashed because of dissent from locals, they didn't want to move (go figure) and all shareholders of Manhatten minerals have a expensive piece of paper hanging by the toilet.

Monterrico minerals is also having severe problems with their Rio Blanco project.  The locals are concerned about environmental issues and there have been several deaths in recent months as a result of protests surrounding the project.

Bolsa del Diablo is virtually in between these two projects and have had similar issues with locals and artisanl miners.  The is heresay that the locals were on side but the artisans were not.  Has this changed?  we do not know ... yet.

Most of the other things you said are true Bubba and compelling reasons for owning Plexmar ... but it all hinges on getting permission to drill.   Also even if they do get approval to prove up a deposit, there is no guarantee they will ever be allowed to mine it.  I suppose that's true of any deposit but the risks seem more apparent when you are smack in the middle of two world class deposits that are not able to move forward.
Bullboard Posts