TSXV:MAZ.H - Post by User
Comment by
RTOon Dec 06, 2017 11:10am
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Post# 27100955
RE:Turds do float
RE:Turds do floatAt JackStronbrow, Don't give all your shares away to Shaggy, leave some leftovers for me! Lol Considering the $750 million u.s. pulled bid last month for West High Yield (WHY) Resources Ltd, a grassroots Magnesium deposit, makes me wonder what a 750+ million ton resource of "Already Pre-crushed ore" sitting above ground surrounded by all necessary infrastructure including several buldings, cheap electricity& natural gas, paved roads, mining friendly with no aboriginal issues, rail lines 30 minutes from u.s. border & a skilled mining workforce could possibly fetch with 3 competiting process technologies having an apetite to access that ore. What are the Capex & OPEX costs of a couple of big front end loaders to feed a mill as compared to digging it out of the ground and having to crush it before you even start? I'll take a risk free longterm royalty stream on that ore anyday over some blockchain/weed flip.