GREY:NEVDQ - Post by User
Comment by
patchhon Aug 10, 2021 9:43pm
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Post# 33683074
RE:Amazing IVN
RE:Amazing IVNgoes bak to 1999 when an african miner came in here - chipped a few roks...
Tom Albanese, who was the CEO for a Rio Tinto African Mine came in and started the ball rolling.
prior to this, the RIO mine in Africa had a few labor disputes settled w AK-47's..
Tom is currently on the BOD 2 NCI.. he is also the Head CEO of Franko Nevada..
most of the real action on NCI goes bak about 10 years - kickstarting around 2007-2017..
Anaconda across the street was closed and on a superfund designation; brownfield re-entries were unheard of bak in early 2000.. --> Poly Met up in Minnesota was the first mine to re-start as a browwnfiled cleanup and remining... owned prior to this by Clevland Cliffs.. its where Geeneral Motorg acquired their Crhome; prior to 1976 - Anaconds was a sole supplier of copper to GM.. Gold - Silver in this time period were considered trash metals and were not recovered..
Otw - the entire NCI valley 100,00 + acres is dripping w copper deep into eastern california..
in full production - NCI will B 1/2 the size of Freeport Copper/Smelter in Arizona..
gold- silver and probably moly will be mined and re-mined in the brownfields using perol based methods of milling/concentrate..
the upside to the mine in 3 to 5 years is staggering.. NCI will hav permits for 100,000 tpd; freeport only mines 200,000..
kennicot (Rio) in salt lake is sceduled to B mined out in 2030..
don't know what will happen - but it will B an order of magnitude v/s IVN and some zombie flying around w a bedpan for a hat..
Anaconda is sceduled for a land swap and a re-entry for new diggs... Anaconda is across the street..