Post by
Wangotango67 on Jul 10, 2021 10:41pm
10 POINT ANSWER -
All depends on how the junior outlines their game plan and overall results.
1 - connective ot shareholders is imperitive - strong shareholder following is essential to
bring awareness to NWT and theirMon mining project. ( constant update / pics ) a must.
2 - pp was rather sudden and out of alignment - meaning - pp should have bene performed
in springtime - such would have jump started the Mon mining first of summer -
3 - pp monies - i would hope a portion of this is allocated for - drill targets - back up is needed
meaning - other areas drilled to show a larger footprint of - more gold.
4 - dril ltargets actually drilled out this year - would offer additional interest and keep the
investor interest ongoing during the up coming winter -
5 - additional ore ( permit ) would be ideal - having a stockpile of extra ores pulled out beyond
the 6,000 tonnes would offer the junior potential extra captial based on potential ounces
they could extraxt to kick start off the 2022 season -
6 - tapping on gold terras door - and striking a deal for - Nelson lakes outcrop
would be ideal - gold terra has considerable lands that surround sixty's and well, it will
take years for gold terra to scout all theirt lands - even as much as a jv - for the nelson
outcrop would allow sixty to add to their land package but more importantly have al l3
outcrops under their wing -
7 - is the bar set too high / once per tonne ? Or, is 10/g a tonne more practical to achieve ?
Giant had 16/g tonne over al laverage - so... the question becomes - Mon Mine is just north
of Giant mine - will Mon have the same attributes as the infamous Giant ?Time will tell.
8 - market has the gold juniors far too low in valuation based on - spot.
if spot gold dips in price it would devastate the gold junioors.
something for ceo's to keep in check - and to apply due diligence on this front of
combating such a scenerio - if drilling - show pics of drill cores allows investors
to keep interests ongoing while cores are being assayed - having XFR tech onhand
allows a prelim of whato t expect for gold grams - in cores...such are tactics to thwart off
the current industry inwhich appears gridlocked with all sorts of - delays. Ever since CV
i find many juniors were already injured - it's up to the juniors themselves to place that
lil extra elbow grease and push a tad harder to maintain popularity and eek out their pole
position amongst peers - the strongest will survive - those who are doggin - well, if gold
takes a dip - i tend to think of- what an easy target for thsoe who seek to own several
juniors if market takes a downtuen - just saying - times are a changing - thin kreset
and you'll know where i'm coming from.
9 - expansion efforts are key here -besides the mining of Mon Mine - if they can show
other surrounding areas in close prox to Mon hosting gold = it will bode well.
10 - understanding the stratography of Mon Mine - what host rock or specific stratography
holds to the gold will be key ot unlocking the treasure trove.
keeping tabs on nearby juniors and thier dril lresults will certainly add to the knowledge
base and bouncing all new data off of - old data - con + giant -
could be as simple as - sedimentary beds that uplifted - some host gold right at surface
while others are futher downhole - con = giant hold many answers - and knowing where
the highest grade of gold and what deprths and host rock the gold came from - and
patterning thids same principle to other projects nearby might prove positive - mon mine
appears to have something very unque going on - near surface gold -
My hunch points to - the stratography in this region north of Giant perhaps did not see
the same upheaval as did Giant. It could be as simple as - the sedimentary bed folded
onto itself - exposing the gold at surface instrad of 100m downhole.
There are 3 distict outcrops in the MonMine area - rolling folds that are exposed make it
easy to test for gold - knowing the stratography of these 3 ourcrops and comparing them
to the Giant and Con mines - could be an easy way to explain why Sixty has the gold right
at surface - and when one looks at a topo geo map - a conjunction point is clearly seen
around the Mon mine - could this axis point have something to do with gold being right
at surface -- a conjunction point - preasure - unheaval - folds - exposed outcrops -
potential volcanic pipes - lots going on - and high grade gold -
Hopefully - Sixty has al lthier ducks in order -and wil lsoon update shareholders on this
exciting gold mining project - the Giant and Con mines started as small mining operations -
Sixty is following the same path - lets see if they can have a repeat performance -
Cheers....