RE: Report
Hi Frank, it nice to see that the CEO of Gold Bullion has time to spent informing shareholders of UBR about our project.
I have spoken with UBR management about your comments and they have made me realized that unfortunately, you seem to have forgotten many details of the reports and your own finding since you visited the site one year and half ago.
Just to spruce up your memories, you do remember that the Beauce Placer project is a placer project and that as such, there are no standards for 43-101 disclosures for placer resources, and that is because of the high nugget effect.
As per your comment about the Gold, and the comments about professional geologist’, management just reminded me that there business plan is focus on getting the permits required to mine the gold from the property and not wasting money doing more exploration in order to find a way to have 43-101 compliant placer gold resources.
And in that regard, even the Government staff is in agreement:
https://www.marketwire.com/press-release/instead-bulk-sampling-permit-uragold-is-receive-20-year-mining-lease-its-beauce-placer-tsx-venture-ubr-1730007.htm
In the industry, the best 43-101 resources estimates you can have for a placer project is talking about the potential of a project and in that regard, please note that there is a press release signed by a professional geologist that was issued last year.
https://www.marketwire.com/press-release/uragold-issues-permitting-exploration-update-beauce-placer-gold-property-tsx-venture-ubr-1666736.htm
Just wanted to know what is your motive here. Market cap of this stock is only 2.2 million and i don't understand why your posting here......
Cheers
please do your due diligence...