Post by
Wangotango67 on Nov 23, 2023 10:03pm
STAKEHOLDERS
Pairing Stakeholders with Critical,Mineral projects
In order for this to work - Stakeholders ( must ) follow through
with the intent to not only fund project but to also BUY project.
Orherwise... it could lead to,
constant funding which ultimately takes the project by using time
as a vantage.
Throw in the mix,
Enviro Cards that delay project, override project, prevent full resource calc
Fed Govt's requiring control over resources for country wealth
Practical Entitlements - that reduce resource size
Assaying that doesn't realize full mineral suites
Mineral credit exclusions that undermine NPV's while other juniors can include
Boundaries that change to encroach - overlap
Unsuited Extraction that inhibites full recoveries.
Partnerships thar are excludive to larger players.
2023 road map that can't guarantee free markets.
Did FE 1, FE 2 zones exists before ?
No.
Wellgreen was just Wellgreen, no zone divisioning.
My hunch is.... zone changing was the precurser to set up quill + enviro
https://live.staticflickr.com/65535/53233499245_3e788493a5_z.jpg
Then, FE 1 FE 2 emerge onscene.
Exactly where the UG mine is located.
Highest grades with, exotics.
https://live.staticflickr.com/65535/53320845588_6e26abc7b6_c.jpg
Not long after, Quill is next onscene
Quill is given N/S longatude boundaries
Yet... keeps outside of main UG mine.
https://live.staticflickr.com/65535/53334373799_c8cdd88c3f_b.jpg
Quill eventually grows
Quill now invades the UG mine zone + FE 2
https://live.staticflickr.com/65535/53331463478_4c4aeee984_c.jpg
Quill's latest boundary evolved into this
Yet if one drew a line N/S using Quills furthest western claim block
It would cut a path consuming the entire core of Wellgreen.
https://live.staticflickr.com/65535/53337466461_134bb21c05_c.jpg
Wellgreen Mine existed before Parks ( quite important )
How is it, Parks or Conservation boundaries overlap
Not only the UG mine but also, road access, backside of mine
Down plunge of, deep mineralization ?
https://live.staticflickr.com/65535/53340967989_63d970b798_b.jpg
Canada's Critical Metals Map
Is Wellgreen on the list ?
Sure is.
https://atlas.gc.ca/critical-minerals/en/index.html
WHAT COULD FE MEAN ?
Could it mean - Federal Easement ?
Not sure, but if it did....
Land easements would come into play.
Practical, Conservation are the two i've come across.
Other Federal Easements...
Farmers with grazing cattle on open lands.
Hydro Dams
Roads
Electrical
Wind
Natural Gas lines
Insome cases... if homes are impeding a new easement
They'll buy the home off the home owner - fair market value.
Yet.... isn't it odd
Wellgreen has dark green coloration over an existing mine ?
Are there other mines with easements ?
I've never come across any, why ?
Miner's can't mine near protected areas, they
stay clear, work, explore,and mine where they are permitted.
Which is why it's so important to remind oneself,
Wellgreen UG mine would not be there if, enviro cards were.
Wellgreen became a mine before these new - enviro controls.
Hence - Keeping Wellgreen classified as Quarts claims is very important.
Just as is.... including ALL underground + lower hole intercepts in resource calcs.
Which makes this dark green coloration all the more mysterious.
https://live.staticflickr.com/65535/53340967989_63d970b798_b.jpg
What would provoke one
to use checkmate enviro control - ace cards ?
Highly reccomend shareholders reading entire pdf ( below )
Mining & Metals Scenarios to 2030
In 2030, the world is divided and countries are defined economically
by whether or not they belong to the Green Trade Alliance (GTA),
formed in 2016
Environmental standards are used as the basis for
protectionist measures by GTA countries
In 2030, the world is committed to realising the benefits of global
interconnection but has become far more complex and multipolar.
Power comes from control of resources as well as possession
of capital, with resource-rich countries playing by their own rules.
Economic power is held both by markets where there is strong
demand – such as the EU, the US, China, Brazil and India – and
by countries that control strategically important resources
In 2030, the era of globalisation is a distant memory as nations
prioritise narrow self-interest.
They hoard domestic resources, enter cartels based on regional
and ideological alliances and resource blocs, and engage in
neo-colonialism and import substitution strategies.
How have the Mining & Metals Scenarios to 2030 been developed ?
The Mining & Metals Scenarios to 2030 have been developed through a year-long process which has brought together over 200 stakeholders from the private sector, government, academia and international and non-governmental organizations in numerous discussions and face-to-face and virtual workshops (Figure 2).
Will markets be free or controlled ?
The extent to which by 2030 governments might intervene to regulate markets and decide upon the use of resources is highly uncertain. At a global level, it is unclear whether the free market paradigm or the controlled-market paradigm will prevail
https://www.mckinsey.com/~/media/mckinsey/dotcom/client_service/metals%20and%20mining/pdfs/mining_metals_scenarios.ashx
Resources will hold power.
Enviro cards
A countries wealth will be based on, resources.
Govt's may intervene to control resources by 2030 - uncertain.
( wango )
odd as it is... i wrote a few post several yrs ago about
countries should switch to resource based wealth.
BUT... not to this extent or overreach.
Free market was still the driving force.
Not Stakeholders.
I even wrote about tagging mineral tonnage, critical minerals.
Forever owned by origin of country.
Multi generational royalties.
Feel as if another has read my world mineral posts,
took the ideas, but put the ideas on steroids, not for the better.
Let's ask the Question.
If Gov't has partnered with First Nations
Power / Wealth will be a big component based on, resource wealth.
Could Wellgreen have experienced an enviro power play card ?
Would the Gov't need the critical metals for wealth and global rank ?
What about shareholders attached to the resources ?
I'm only reading it as,
Govt's, Large Corps, First Nations, Capital Co's and over 200 stakeholders
Will own it all..
I would think, common shareholders,
have stake too.
Imagine an important critical mineral project
- tethered by co2 tactics ( majors run to indo with no co2 games )
- drag and delay ( is this the goal drag it till 2030 till no more free markets ? )
- bank funding replaced by, stakeholders ( one road option = stakeholder )
- enviro cards that work in favor of, control mining projects
See how a simple research subject like, Federal Easement
evolved into a much more complex subject.
Ugh.
Shareholder Task ?
Ask for full resource calc ( including underground ) exotics, Fe, Mg, Cr, Ti
Use 2012 MET fusion assaying and best bulk extraction
with Pt, Pd pulled from magnetite for maximum value.
Ask for buyout based on,all resources calculated, true value.
Remain Silent ?
In time, i'd make that bet,
More enviro cards
More zone changes
More mineral games
More shares out
= till they have it all
In my best estimation,
I would say.... Wellgreen has seen the greatest junior impact on numerous levels.
Never have i ever seen so many " value reducers " on a mining project.
Other juniors see 50% 60% recoveries = the near 50/50 split.
Similar to.... 2 concentrates -
The tailings are near eq to the 1st concentrate.
Wink.
To think...
Not including underground resources in, reserves ?
Yeah... Someone wants Wellgreen.
Is FE ( Federal Easement ) ?
Dark green enviro overlay on an existing mine ?
Practical Entitlement ?
Upper hole / Lower Hole ?
Geological mineral changes ?
Unsuited Extraction ( solid solution, sulphides in solution, microcrstslines )
Not even an iron credit ?
86% loss in resource overnight ( 2017 )
10% more resource loss not long after ? ( zone creep ? )
= You decide.
Stew said he wanted to drill more ?
For what or for who ?
New drilling see more zone creep ?
It's bad enough losing monies on foreign mineral plays.
South American Lithium Salars sold off for peanuts
Investors f'd over. I was one of them.
Canadian massive lithium project sold out the backdoor,
investors screwed over. I was one of them.
Nevada lithium project.
Diff tactic - reduce size of project limit it's value.
Sold off for peanuts.
What is Canada doing to Canadian investors invested in,
Canadian Mineral projects ?
Wasn't going to discuss this...
Yet... it's so important - it must be discussed.
Small investors... invest to profit.
Just like a Stakeholder.
Let's keep it that way.
Cheers...