RE:RE:RE:RE:Geosan0 - One RIC tidbit for WesamacAmbitious plans?
The company has no plans.
Markie Mark speaks out both sides of his mouth while eating a hamburger.
FROM THE RELEASE
Finally, the recommissioning of the Beacon plant has been delayed, mainly because the Corporation has not yet received the operating permits or obtained the financing needed to put the Croinor Gold deposit back into production.
REALLY
Where in the original announcement of the beacon mill restart was there menton of croinor?
Wasn't the restart of beacon decided to take advantage of contract milliing because there was such a demand?
As well. IF there is such a demand why wasn't the camflo loss production from deaufor replaced with contract work?????
Also. Has MQR even applied for permits to restart croinor?
I need to go back and double check but I think not. FYI - that would be material and thus would have to be released.
Now course Markie Mark only said, "has not yet received the operating permits". Which does not neccessarily say they were applied for but it does create the impression.
Then the selling of a royalty stream to pay for rock stuck in the ground.
I guess that is two in the bush is better than one in the hand thinking.
Remember when they bought the RIC garbage they immediately took on all the expenses of an operating company.
How much is it and did it cost to shutter beaufor?
How much more will processing a ton of rock cost at camflo with reduced tonnage.
Easiest way to reduce cost is increase production. So the opposite applies.
Markie mark is not a miner and he is proving it.
I can keep on going.
Basically look what was said (TOLD TO US) and what is being told to us now.
If they are not on the same trajectory (and they are not) then there is no plan.
More like throwing darts.