Post by
RatPatrol on May 12, 2021 12:36pm
Bluestone - Lundin's U/G Mining Museum
There are plenty of assets - equipment, miles of drifts, raises and adits - that have simply deteriorated while Bluestone directors have been drawing mine plans on paper.
NOTHING DONE but drilling!!
And THAT could have been paid out of...
PROFITS FROM AN UNDERGROUND MINE, JACK!!
And a golden - pun intended - opportunity wasted for 5 years!!
Mostly on the back (73%) of the public shareholders.
You and your board need to understand, JACK that IF you are going to lead a parade....
YOU GOTTA SHOW SOME PROGRESS!!
NOT send your loyal followers WITH THEIR MONEY down a lonely back alley.
Cerro Blanca could have developed into a profitable mine using experienced Guatemalan miners. Myra Falls, BC comes to mind: a mine that has been operating since......
YOUR DADDY WAS A BOY!!!
And this latest PEA - well that's another subject - let's say right here that the plans include blowing up assets.
Mr. Giamatti may have his own ideas about this proposed open pit, taxes, and the environment.
He may or may not be swayed by that old statistic - 8 out of 10 mines are open pit - if he is looking for tourists or if he finds out that his furloughed workforce, with families, have left for the US border.
We c......
JMHO