RE:RE:RE:RE:My ThoughtsThere was not a snowball's chance in hell that the silver mine was going to succeed.
I do not say that because OSMI and Aurcana invested another 60 million dollars subsequent to the investments by Star mines and Fortune which in of themselves approaced 100 million or so dollars. Assuming of course we can believe Star Mines' claims. I say it in good part following my conversations with principles at SRK and locals in Oura and reading the feasability studies.
As you know Aurcana has gone under and lost the mine to creditors. They never got to first base.
What is so peculiar is that SRK stated CH2M Hill constructed the mill, mainly from new materiel and yet left if 5 million dollars short of total functionality. Did no one at ProCon pick this up? etc. etc.
CH2M Hill is a serious, big boy outfit with US military security clearance. They since have been absorbed by Jacobs Engineering Group in Dec 2017. What were they doing in a water soaked, sh*thole like the 140 yr. old Revenue tunnel? They don't need the work.