Post by
Wangotango67 on Sep 13, 2022 7:14pm
JUDD LOVES HATS -
But... He's wearing the wrong kind.
In order to play in this Yellowknife ball game... one needs a different hat.
First Nations are just one of the many " stakeholders " other than current miners or, just pain billionaires that have been invited ot the round table of the - own the future.
One can play aparti to Fortune and thier mess...
Or... one could tap on the First Nations door and say....
Here's what we got.
And... it would be to your advantage to scoop it - and be an even larger stakeholder in - Fortune.
Rover going to fortune or Rover going the other route.
Gov'ts have given the First Nations - lts of monies.
And... if one has studied undrip - well... things are changing all the more by including First Naations in many more mining, or energy perojects.
One doesn't run to a fortune mess.
One runs to a solution.
Get paid for thier mineral credits.
With perhaps - keeping - a royalty for future cushion.
1% -
Rover now has " sizable cash in hand - to build out the next project - indian lake.
No dilution.
Lots of cash - to advance.
With a sizable cash backing - stock is backed by " cash holdings " and new claims.
Or... play out the current plan.
The " master plan " 2 years out.
Bugow sits.
Rover still sits at 2 cents.
PP adds significant shares to the outstanding.
If a stakeholder is imbedded in Rover - and does the Pp offerings - they're laughing .
YellowKnife... was given mega funding.
Question becmes... could any of thisfunding be used by the First Nations ?
To... assist with their own First Nation Gov't growth ?
Our own Gov't of Canada invests... so why not First Nations right ?
If Rover has done thier homework...
And drilled the Bugow main outcrop with proper placmeent of drills...
Then....such can created an inferred resource.
.
Not a fully measured resource - but evenstil,
A resouce that paints a pretty good picture of what's below .
It won't command top dollar - $250 - $300/ oz.
But... what also lies beneith - more credits ?
And this is where a savvy junior uses their smarts.
If by chance we do have more than meets the eye...
Perhaps what gold we do have could command top dollar - if Bugow was on the block for sale.
Sell - clean slate - stock performs - shareholders happy - new project - cashed up.
It's a good a goodplan.
Better thna 2 years out -
where that plan most likely is accommodating another.
And.. potnetially lot more dilutipn.
First Nations of YellowKnife...
Are you interested in 15km of land with inferred minerals close to Fortune ?
Now.. if they keep to the plan of Fortune...
Park claims ofr 2 years...
More dilution and work the indian claims ?
Then... what's in our Bungow ores...
lol
Cheers.....