Post by
Wangotango67 on Mar 20, 2024 9:38pm
2015
Video Clip - 29 sec to 43 sec
( terminology - ( sounds like all drilled out and ready to bring to production )
Which begs.... what has occurred since this video clip ?
https://www.youtube.com/watch?v=Y4EQhnGOjco
Anomally ?
Prior to 2015 new crew the former boasted about the 1/g per ton rhodium inside
ug mine and all other exotics.
Essentially,
prior to 2015, the ug mine was a focal point.
Junior attracted investors speaking about ug mine and assaying exotics.
2012 - 2014 crew spent mega millions drilling and reassying historical cores.
Two prong approach - monies spent - what minerals were found
This crew - includes big intercepts ( some )
New 2015 crew
( goes under the radar )
performs a new analysis of prior crews work...? lol
suddenly, resources are axed, extraction switched up, and ug mine not mentioned.
Video under the radar ( revamp wellgreen )
https://www.youtube.com/watch?v=zeTL1Bzb-eA
2023 pfs, 307.7 million tonnes vs 437 million tonnes
Could the 130 million tonnes missing - point to the ug and deep hole tonnage ?
Even if, one just factors ore tonnage below 2023's current pit shell,
keeping to the south side, away from ug mine, there's far more tonnage ( deeper )
https://live.staticflickr.com/65535/53597567652_fc61536a22_z.jpg
At the end of the day,
Wellgreen began with ug mine, then... east / west pits
more drilling, then ug drilling, bore holes, deep drills angled benieth ug mine
extensive reassaying, mega millions spent, more mineral tonnage found,
promoted wellgreen with ug mine.
to, new crew steps onscene,
massive tonnage wiped, and no mention of ug mine and a whole bunch of, dilution ?
If 2012 - early 2015 crew spent mega millions + exponentially increased tonnage of deposit
should shareholders have rights to this new revised tonnage and ug mine with exotics ?
Of course.