QuackQuacck wrote: fingerprint42 If Rinho10 doesn't understand the economics of alluvial mining enough to understand that 1.14 g/m is wildly economic he is as senile as he is old.(Righto)
Egina is a game changer because of the speed of permitting not the economics. (Righto)
Keith Barron and I both believe the all in cost of mining Karratha is below $100 an ounce US and clearly Egina will be more like $400 to $600 an ounce. (Righto)
fingerprint42 @zentrarian, you may safely assume I know a lot more about what is going on with Novo than you do.(Righto) fingerprint42 Rhino10 you are a liar and you know you are a liar. I'm Moriarty and I've run five different alluvial deposits and produced a lot of gold.(Righto)
You are so smart and so experienced that you don't even know how alluvial deposits are measured, HINT, it's nothing but moving dirt in yellow gear and you measure it in yards or meters.(Righto, we hear them talk about gm/m3 all the time and not gm/tonne)
You are such a whiz at mining that no one ever taught you how to report grade in alluvials.
fingerprint42 HH Not at all. Stocksluice mentioned QH and I buying gold from Egina and I read it as being critical but I think it was brilliant. I concluded that the extent of the mineralization was far more extensive than anyone realized. Quinton got it back then and I think picking up Egina was brilliant. I was asking where the gold from the eroded conglomerates went way back six years ago. It had to go somewhere and the idiots such as big beak didn't get it then and don't get it now. (Soumi split. Why did they split? Why did farno sell?)
Egina is an alluvial flood plane…. Novo isn't about to telegraph everything they do and know but in the next 3-4 months there will be production and grade. apr 2019 (righto)
Fingerprint42 Georgeb: Sumitomo, Newmont, Kirkland Lake, Mark Creasy, Eric Sprott all have believed in Quinton Hennigh and put millions where their mouth is.(and then they split)
Quinton doesn't need to look for consulting jobs. (lol)
You have accused me of pumping and dumping that at the very least is unethical and almost certainly illegal yet when I provide you with proof that you had it exactly wrong, you go all silent. You don't even have the courage to admit you are wrong. People like you are evil.
fingerprint42 GeorgeB, did you miss what I said about you being evil? (Dr Evil?)
I've been right all along and that's good enough for me and for the people who had the courage to invest when there was apparent risk.
fingerprint42 GeorgeB: You accused me of something criminal and were exactly wrong and I offered to prove you were wrong. Are you going to persist in ignoring that you slandered me?
And guess what? There is only one company in Australia positioned to make use of MOY's pig in a poke. (So then who will buy the mill when nvo shuts it down?)
fingerprint42 Patience will be rewarded. There is a lot going on behind the scenes and no one asks me when they should put out news releases. The only real question is if they have the goods and as I have maintained for 7 years, they have the goods.(righto)
Why don't you take a flying leap and go pester someone else on another board where they might be willing to put up with your utter stupidity. I can't stand adults whining and that's all you do.(stop whining)
fingerprint42 What part of you being a fking liar has you so confused? I never said it, you know it and you could prove me a liar in five minutes with a tiny bit of work. Stop whining and stop lying about me and everyone else.
Novo still represents one of the finest opportunities I have ever seen. Lest you or anyone else be confused about where I am coming from, it is still a potential 10+ bagger. But Irving is a potential 20+ bagger and I play the odds. Jun 2019
You and your four legged poop shooter have been wrong all along and the best either of you can come up with is to lie and lie and lie.
fingerprint42 SS: Novo has solved the vast majority of the problems but QH is not interested in making every other Pilbara sister rich and he is doing a lot of work behind the curtin to do deals to tie up land. I have visited the projects five times and I know the progress he has made, there are no unsolvable problems but he's not about to let every other neighbor know what he knows.
fingerprint42 Power55: Alluvial gold is always measured by those who know, in g/meter, not g/t. All processing is done with heavy equipment and they are measured in cubic yards or cubic meters.(wrong)
(1) Nowhere on earth could you be permitted to strip mine 1000 square km no matter how much gold there is there and (oh oh)
fingerprint42 JustJT: 1.5 million ounces is 7.5 years production at 200,000 ounces a year. My figures are absurdly conservative. (righto)
Take my word, Egina is the prize, it's more ounces produced cheaper than anything on earth and who knows, I could be off by 3-4 fold. I've had half a dozen alluvial projects, Egina is the sweetest alluvial project I have ever seen...and he now knows what he needs to know about grade, tonnage is next and processing is in the bag. (righto)
fingerprint42 JustJT: Underestimating makes you look smarter than you are. Overestimating makes you look dumber than you are.
QH is on track, it is one of the biggest and most impressive gold deposits ever found. I knew that ten years ago but it takes some people longer to get it.(righto)
fingerprint42 Actually in this case Ken Watson, aka Rhino is a little correct. There will be remediation at Egina necessary but Novo will lift the top six inches or so of soil, put it to the site, mine down 1-1.5 meters, feed the tails right back into where they just mined and replace the overburden with the previously plucked soil and vegetation. Remediation will cost a couple of bucks a cubic meter probably. The fool is correct to say that no one in Australia would permit strip mining hundreds of square km. But Novo has no intention of strip mining even one square km much to Ken's constant whining and displeasure.(sounds like they wanna strip mine to me)
ingerprint42 The shorts are going to panic soon. Putting in an absurdly high stink bid to sell might make sense.(righto)
The 43-101 numbers that were released were especially conservative and it would be reasonable to believe Novo has in excess of a million ounces of highly economic (righto) rock at BC.
fingerprint42 Lotionboy: If you are going to invest and make money you need to grow a pair.
ingerprint42 We are in a deflationary crash. Debt is simply not going to get paid and the money is going to evaporate.(righto)
DB is on the verge of collapse right now and it will drag the rest of the world with it.(righto)
I have no issue saying Novo is an easy ten bagger, March 2020(righto)
ingerprint42 Jfsurface: Are you studying for the Mensa test?
There are lots of people who might disagree with me on many issues but no one ever calls me a liar. Ken Watson is a liar. (liar and arsehole:)
This is a giant home run but as I have maintained to QH and HH, the jewelry box is Egina.(righto)
fingerprint42 Look for in excess of 100,000 ounces a year and at this POG the ROI will be off the chart.(righto) fingerprint42 Stocksluice, those are all valid points that everyone should consider but Sumitomo was well aware of all the discussions and is happy with their existing deal. (righto. Split for fiji though) fingerprint42 Firemagi: True but the difference is that Novo is probably the best trading stock I have ever seen. You can't trade Irving, it is too tightly held.(righto) fingerprint42 @gurken I'm not sure you are asking the question in the right way. The sorter costs about $1 million Aussie pesos. You need more than that, probably $4 million in yellow gear. I have been told it costs$.10 a ton to process through the machine with the biggest expense being producing the air to blow the nuggets. But in an alluvial setting it costs you $1 every time you move a meter of material. So shoving it in the machine costs a buck, taking it off the other end costs a buck, moving it back to where it came from costs a buck, putting the weeds back in place costs a buck. Keith Barron and I have both operated alluvial projects and we think $5-$6 a cubic meter is about right for cash costs. If you have 2 gram material today with a value of $62 a gram, every cubic meter contains about $125 worth of gold. Your total cash costs are 31.1 divided by 2 times $6 or about $94 an ounce to produce. Obviously there are other corporate expenses that Keith and I both ignored but basically it will give you the lowest cost gold in the world.(pretending to be JimBowie?)
fingerprint42 KL is merely adjusting their shares. This is not a big sale on their part but they want to stay under 20% and when the market wakes up to what the mill means in cash flow to Novo the issue of the warrants comes into play. Novo can extend the warrants should they choose or even change the price.(righto) fingerprint42 Kamala Harris slept her way to the top.(did you sleep with her? arent you the top?)
Everything the government is saying about the virus is bullshit.(righto)
We know hcq works(righto)
fingerprint42 Icarus: PT Barnum said it best. "There's a sucker born every minute." (and youre it)
Quackers