RE:RE:RE:RE:Sourcing out silicon We all get confused from watching a confused Bernard who relies so much on Confusing DevelopBC to claim the incredible value of HPQ.
Have a look at the header on SH:
«HPQ Silicon Resources Inc is a mineral exploration company. The firm specializes in the exploration of quartz in mining sites located in Quebec as well as development for its transformation into silicon.»
Even if they own the quartz deposits, they would still rely on the Garden supply depot across the street from PYR. Bernard does not own the pic, shovel and truck to move the quartz to the lab. And I have never seen Bernard with a construction or mining outfit. What are they going to do with the Quartz found in the BGF mining fields ?
But eventually it is likely that someone can take on the task of breaking quartz from the ground as a subcontractor. They will be paid with wahtever gold they find in the stone.
developbc wrote: Bajaman1 wrote: If you people were doing your DD you would know that Bernard said it is cheaper to buy the Quartz on the open market than go mining...end of story Geezzee you guys stink as fudsters....Beachbum.
Thanks bajaman.
Also, Bernard stated numerous times they are changing their classification from mining to technology company : Hi,
Well, Trader, I am also confused by your line of questioning...
On Sept 29, 2021, we stated the following:
HPQ TO START PROCESS TO CHANGE ITS CLASSIFICATION FROM MINING ISSUER TO TECHNOLOGY ISSUER
Included in the TSX-V approval was HPQ commitment to:
1. Submit, by the latest December 31, 2021, an application to the TSX-V to change HPQ classification from being a mining issuer to an Industrial and Technology Issuer.
2. Seek shareholder approval of the change of classification request by the latest 15 months from June 17, 2021.
So, by definition, if we are giving up being a mining company, it’s because we have no intention of developing our own exploration properties…
Furthermore, in our Disclaimers we further state:
The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.
So why would investors be surprised that we have procured our quartz from another supplier?
Regards
Bernard