GREY:NEVDQ - Post by User
Comment by
nofluffon Jan 05, 2022 1:36pm
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Post# 34285945
RE:Response to Nofluff. Ncu VS Excellsior.
RE:Response to Nofluff. Ncu VS Excellsior.I am the same mr. I have no intention of buying min. Just want to keep things true. Bottom line is min is in ramp up stage, the same as ncu.
There probable is as good as proven in that there is no need to drill deposit of fractured rock that is all in one deposit.
There c1 should prove to b about the same as ncu ug as it is insitiu recovery.
They save on shipping and refining costs as cathode is pure copper.
As for ncu op being operational in a year. That would b a ha, ha:))) They will not eaven start drill testing for feasabiliy for a few months. Once extentions and satelites have been designed, then feasability study will b done. Then financing. Then 2 years to build. That is all perfect world stuff.
Florence insitiu is completely defined ore body. It is without min production issues as there gas been a multi year test extraction done with no issues but recouveries at 4 times theory speed.
There mill is designed and critical components ordered. They have cash in the bank to build facility. They have draft permit and should have final in 3 months. They believe that in a perfect world, they will b in full production in 3 years.
The sad thing about this board is the war of pumpers and bashers. I just c no need for it.
nf