RE: RE: The future of Graphite ( V.UBR ) property is worth what it is.
millions to develop it into a producing mine
thats only if the property has a large enough bulk tonnage to mine it econically and make a profit.
how many mining properties have resources, but not enough to make the project profitable to mine.
more companies fail than are succesful.
many mining leases change hands, and there is a profit made just trading mining leases.
not all companies are miners.
if Uragold can get this property into production and has a good quality Graphite, and large tonnage what will your shares be worth.
If you look at Mexivada , or blue sky uranium (grosso group) Murger Resources they buy mining leases and prove property and sell them to miners, they do not develop or mine the property.
the insiders make millions, on options bonuses, director fees, shareholder peanuts, crumbs, a few shares in a the new company he doesn't want to hold.
the company has very little risk doing business this way.