History lessons for all = "Yukon"- "Larger than Life"OK , the forum get's it.
The real history lessons are the "investors" here that sunk their CASH into a promo artist & team believing in get rich quick retoric (sorry to those investors, it's like a kick in the gut) but the "Larger than Life" investors that are here now doing stuff here for their own gain are NOT to be listened too.
There was and is nothing wrong with the mine, it's a good resource, the GOLD is still there, JM got that right and he's was going to promo it until the heavens sing.
But there was the innovative financing and all the changes since the original P. Eng & P. Geo signed of on the feasibility study. It appears JDS got involved and in the name of more more more GOLD at VG request came up with better "ideas" and calculations.
It's obvious that there was and are a lot of professionals in this loop, they got the software out (and there's a lot of it) and somewhere in the magic loop of tech, stat's, formula 's, calc's, electronics, sensors and the "real" HLP something changed or got missed.
Now if the HLP was being run with non-responding p sensors (documented I beleive) and the solution kept increasing slump, the pressure can go way up fast, past the original design limits and safety factors of the dam/berm to it's inevitable end.
The investors I feel sorry for are the investors that made a bad call and got burned. The investors here yelling about the great investment advice now being handed out are the ones to be warry of.
Do not beleive anyone here saying "I am doing this for YOUR own good."
It's pathetic It's like going to the Casino (now there's bad word in the Yukon) and playing your kids school lunch money on RED and it lands on Black.
If the investor advisors, here now, are so smart, how did they ever get into this situation. why did they go ALL in. At least the impression I get based on the Level of Retoric.
Yes there was an accident no one saw that coming (But there were flags raised on quite a few occasions about the HLP looking "sick")
It seems to me that the HLP, after poring over a mountain of reports, that it needed help for a long time and there where so many documented flags and now that the unbeleivable has happened, everyone is running for cover.
Best
Everthing here is for entertainment only, has no basis of fact and is just a figment of my imagination. Do not take any of this as factual or having any real basis in the real world.