Post by
medford on Nov 22, 2022 12:02pm
Mine operation
Does anybody know if this mine will actually start operating? Is there still a chain on the gate? I keep hearing about the multimillion dollar pile of ore in the yard but nothing has been done to sell it. Did BC Hydro ever plug in the new (used) transformer? This has been dragging on for years with environmental and First Nations red tape. Now more share dilution, what's the holdup now?
Comment by
jleer42 on Nov 22, 2022 2:00pm
That is the million dollar question. For me this is speculation not an investment. A small portion of my portfolio, which will either go up a lot or down to zero. The ore pile gives it much better odds of being viable, but that's it. I like the mine and I like Ian, I have been in this a long-time, just waiting.
Comment by
reddog11 on Nov 23, 2022 12:39pm
Perfectly Stated. "Non-Revieable" ...thats the key. Its done. Just need time and ore can always be sold for free cash. RD