Post by
ggrellette on Jun 09, 2023 10:48am
2 huge problems GER has...........
to overcome for them to become successful. First they need constant ore for the mill to run 7/24 365 days per year. This is done by having a MINE or multiple agreements with local miners. Secondly they need consistent ore of 5 grms or better to be profitable.
On a side note it is time for the hounduras gov't to step up if they want the cyanide problem that local miners cause resovled through using the GER mill. If the gov't is serious about cleaning up this issue then it is time for them to make laws that push these local miners towards ending their cyanide pollution.
Sadly Karl has a huge hurdle to overcome and maybe with these recent board placements they can start lobbying the gov't. for assistance. Otherwise IMHO the furture does not look bright with these hurdles. What does that mean for ther stock price "Stagnate" is what will happen.