I've scanned numerous juniors overthe past few weeks...
It's a tough market this year.
Several juniors have not even begun their work programs.
Money is hard to come by ( financing ) pp's, etc...
Some juniors are letting go of projects...
Just ot put cash in the kitty.
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What do i think ?
I would say.... juniors would be smart to team together.
Otherwise, it could be a bleak year for many of them.
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I have touched topic on the Greenwood Mill, located
in Greenwood B.C. ( permitted mill )
Whose got claws into this ?
XIMEN
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I have noticed one of the members of Greenwood Mil,
is on the Ximen team.
Interesting.
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Greenwood is seeking - Senior financing -
Stock has tanked
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Ximen, is going through the final throws of - reclamation bond.
Final phase, to begin mining thier - surface gold.
Haven't develed into their financial status, but...
I have reviewed a few of their claims - broad strokes
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At first site...
Ximen appears to have collected a few - high grade -
placer depoists...
Their one claim, is on the same Cordillera as, Tillicum.
This claim ( ximens ) has the same ore geology as, Tillicum.
That's a good mix...
Why so ?
Blending ores at a mill... could be advantageous.
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Thing with ximen is...
they're depoists are strewn all over B.C.
High grade advatage... but
Limited tonnage.
There one depoist, has a measured 23,000 oz of gold.
With an iferred, that has not seen shoring up of, resource.
There's no real... long term outook.
I chalk thier plan as... get a permit, find a mill, and pull the
easy high grade gold... and hope for the best thereafter...
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Between,
Christopher Anderson ( Ximen )
Dr Ball ( Golden Dawn Minerals ( Greenwood Mill )
It could be summed as, two man band.
Aside of, typical directors or board members or, 3rd party
accountants...
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As for MGX... same situation.
Two man band.
Ceo, and Geo.
silica claims ( idifferent )
magnesium ( indifferent )
Tillicum ( perfect marriage if teamed with Ximen )
Sililar geology ( high grade gold, electrums, etc....)
Tillicum could provide some strength for added gold ounces
Especially when spekaing - East Ridge - with a good 350k oz )
Inferred of course -
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Ech of these juniors have the high grade.
Each would compliment one another.
Teaming would only - strengthen each other -
Forming a solid - sp - in which to - assist sp -
Juniors need this more thn ever... so many are tanking.
I see it ias... if many juniors don't make this move...
It could result in... many juniors folding - in hte next year.
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Tillicum.... has really good signs of silver at - Silver Queen.
And... would marry lovely with, Ximens, silver claims.
Two juniors with, small teams.
Beefing up to a larger team - Consolodate assests.
Tillicum.... could offer up several contributions -
Grizzley
Heino
East Ridge
Silver Queen
Zones above East Ridge
Arnold claims ( possibly )
I figure... past explorers didn't read Tillicum.
It's placer atop - with... sediment uplift mountains
which also - jiust happes ot have gold.
Even wolf claims aside of - silver queen on Tillicum...
Like.. .why were they named - wolf ?
Did they know about the - Molybdenum ?
Wulfentite ?
lol
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Here's Ximens claims map -
Take a visual of where they're claims are...
Tillicum Mine is located - north - of, Kenville Mine.
If ever the idea transpired ?
There would be several positive outcomes.
- combined high grade gold depoists
- obviously more gold ounces
- more strength by - numbers
- permitted mill
- but - would each be compatible ?
- they would be if... they go in with the idea of,
- keeping the junior space ongoing
Few ideas...
Something to chew on...
Maybe inspirational for the juniors.
Who knows.
Another though was...
could the greenwood mill be relocated to Nelson ?
and still keep the permit license ?
You know.. .centralize the Mill...