RE: RE: RE: RE: Nevada....Unfortunately, I think it is wishful thinking. As I recall in 2006, they drilled about 6 holes in NV and got very little wiff of anything. The story seems to go that they need to drill alot deeper, like 600 meters or something. At one point there was a big promotional spin on Moly potential.
Maybe so, but the deep drilling is expensive and GAX has not got anything done on it in the last 4 years or so. No one has come forward with interest while the company has said for years it is shopping it for JV or sale.
Tight for the company to hold onto all the ground in NV. They have no money and the claim fees are a tidy sum.
A tight bind all around on this GAX. Lets see if they can survive their own ineptitude.
Nob