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Golden Dawn Minerals New GDMRF

"Golden Dawn Minerals Inc is a Canada based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. The company is an exploration stage company being all the mineral properties it owns are in the exploration stage. The company operates Greenwood Gold Project which consists of a mill, tailings facilities, mining machinery and equipment and the Lexington and Gold Crown exploration properties located in the Gree


OTCPK:GDMRF - Post by User

Comment by louelon Dec 19, 2017 12:25pm
60 Views
Post# 27187759

RE:makeing of a company......news is out

RE:makeing of a company......news is outWow look at the known Au eqiv. grades.  Ave. .82 ?   $35 per tonne ?      If it was a porphyry deposit it would be a different thing in my opinion.   But underground ?   

On top of the purchase they have to build a mill , tailings pond,  be extremely carefull envrionmentaly as it is just above Revelstoke lake.   ( Columbia River)  Teck's trail facility  found out, not only do  you have to be concerned about Canada's envrionmental standards.   But they also got sued millions in the US courts for causing damage to the same river waters.

 They suggest mining start as soon as possible.   An E/A certificate for the mine , mill site & pond  are 2 years out after application in BC.   and no construction takes place till they are issued.   The NDP/ Green party are not mining friendly>   After 7 years of study , work and investment with millions spent.    They just denied the AJAX project in Kamloops.   Claimed it was to close to the city at 10 Km away.  And had  climate change concerns.  
 
 If they wanted to take on another project  There were a lot better options in the price range in friendlier jourisdictions that BC is at present.      Getting to like this less and less as time goes by.

 
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