RE:Red Cliff- Right project , Right place, Right time!!! In the period from 2007 to 2018, a total of 74,020 meters of BTW and NQ size drilling in 409 holes. For this kind of property and for this kind of deposit , you need much more meters drilled to establish a clear picture on the deposit ekonomiks. Also in most of the areas they never go deep enough. 75 000 meters are just the beginning and not the end.
GT is not such a big district and the prospectors community is relatively small. People do work honestly and faithfully with each other and then they do NOT.
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Bid Ed was Red Cliff director and then he was NOT
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On October 31, 2011, DEC was informed by Mountain Boy that it could not fund its share of the Red Cliff exploration expenditures
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The project was drilled during the longest bear market in history. It is difficult to raise money to keep drilling AND it is inevitable some of the biggest earlier investors take the profit and wait for better times.
IMO today, Red Cliff is Right project in the Right place at the Right time. Hopefully ,soon than later, DEC+Eric Sprott will have 100 % ownership (there are no more royalties) and we will see Red Cliff like a phoenix rising from the ashes.