Post by
BelieverCo27 on Mar 03, 2022 12:43pm
Location of Iron Creek Asset?
Anybody know how close the ELBM Iron Creek asset is to the JRV mine that is now under construction? This Jervoise presentation (link) has me wondering about a buy out again. Thoughts? JRVMF headed to DC this week. Sure seems the future ELBM battery park could use an infusion to ramp things up. Everything/body has a price. https://bmo.qumucloud.com/view/2022-gmm-jervois-mining
Comment by
daver63 on Mar 03, 2022 2:51pm
Hope this helps.....https://orders.newsfilecorp.com/files/6076/86562_82335bdee4cfd85d_002full.jpg
Comment by
BelieverCo27 on Mar 03, 2022 3:07pm
Thats great. Thanks Daver.
Comment by
ElJ on Mar 03, 2022 10:33pm
Thanks daver63 for providing the excellent location proximity map. A critical key issue in development of Iron Creek mine, IMHO, is the permit process which seemed to have taken 8 or 9 years for Jervois.... and Electra may be 3 or 4 years away(guess) from authorization in their permits applications process, Peace, Good Decision-making to all, ElJ
Comment by
BelieverCo27 on Mar 04, 2022 11:03am
ElJ, this is exactly why I suspect it will be sold. More studies/drilling but ELB is not going to sit on that valuable of an asset for 5+ more years. They bought low and Trents timing could be perfect for selling REALLY high. (We can hope) They are NOT going to be mining IMHO. Selling Iron Creek could fund the rocket fuel needed at the Battery Park. Time will. GLTA