Post by
FreeDom789 on Sep 26, 2022 2:47pm
Quote from our CEO
In response to Martindale's post regarding mining. Yup big bucks in Barge shipping. (Quote) The plan is to work toward getting that direct ship operation for the surface high-grade zones up and running as soon as possible. How long will that take? Depends on permitting, but the good news is that the DSP operations are low cap ex, small footprint, no tailings, and little water usage. That should streamline permitting. But I have to caution that we're not at a mine yet - the resource comes first.
Regards,
Tom
if this doesn't speak volumes I don't know what does! A mine in the making here! Back in 2007 Minto's maiden voyage shipped 6400 tonnes in one trip! With more modern ships and barges, this may very well be 1,000 tonnes by now! JMHO The writing is on the wall for all to see! GLTA longs invested!
Comment by
schocor on Sep 26, 2022 3:17pm
They dont even have a resource (let alone reserves) and you are talking about 10,000 (tonne?) barges. Pump and pump and pump........and always pumping hot air. To quote the CEO - who you ironically quoted in the first part of your narrative - "I HAVE to caution you; we ARE NOT a mine yet - the resource comes first"