RE:RE:RE:RE:The New Crucible Forum, Doesn't Seem To Work!The permitting process is incredibly expensive! So management may be waiting for the announcement from the Ontario govenment regarding unpermitted access to tailings reprocessing, rather than first focusing on spending some immediate, significant amount of dollars on getting the Castle mine, up and running?
But like I have already stated, they could be in for a very long wait! These politicians are a very unreliable bunch! We can never count on them to do, what they have committed themselves to do, in the more, timely way!
Why doesn't CCW management work out some kind funding deal, to first get, the silver mine permitted and ready to go?
Once some initial capital has been found, it still takes some additional time, as well, to get any permitting studied by the authorities before any approval is made.
The next step would be to send the surface mineralized rock to a local mill.
And then continue to renovate the old mining levels in preparation, for reworking them again!
There is already a significant tonnage of high value muck, left discarded, below the ground in stopes! Lift it to the surface and mill it!
Next source the mineralization connected with the discarded muck in the stopes, and blast it out!
Then recondition lower mining levels, mine them out and then move on to even, lower levels and do the same damn thing!
And then ramp up the operation at Castle East!
What's so hard about that?
The share price is not likely going to rise much unless the company can find a significant revenue source like this! These are difficult times for explorers. It's not so bad, for real miners!
Their creative approach towards bringing cash into company coffers, hasn't yet worked for them at Granada!
But if it does soon, they could try something similar with CCW for the Castle mine.
Or maybe some kind of streaming or royalty proposal might be made, for the needed upfront capital?
There must be some good fund raising method to use rather than just stock dilution, when a potential mine here has now become, a real possibility?
CCW may choose to chase lithium exploration. But they should remember that past lithium pricing has had its boom and bust cycle! And another one, may yet be coming!
In a couple of years from now, many lithium, new hard rock and brine operations will be coming on stream! New supply may well outpace, steadily increasing demand by battery makers!
Yeah, it can happen!
Copper will always be in a more, steady demand. So maybe they should put more emphasis on finding base metals like copper as well as higher value, gold and silver?
I am really concerned as to why the resource update is so late in coming from Castle East! The company needs to do, some good explaining in this regard!
However, I wouldn't mind the waiting so much, if the Castle mine, first became operational!
Anyway, they have all of these properties, now to explore, so I guess it behooves them, to keep pounding on the data door and hope that they win a lottery, one day, with some new and major, 'jack pot' find!
Perhaps they will?
All the best! Java