Nord Precious Metals Mining Inc V.NTH

RE:Burning cash like there’s no tomorrow

[2008run]

Goldenhope wrote: Lucky they found a miserable half meter 500 meters underground 
very expensive exploration and mining 
they're burning cash like there's no tomorrow
i suppose they had to announce this in preparation for the capital raise 
share dilution here we come 
time to sell the news IMO 
good luck 

"50,000m drilling is a small program" if this is small, the same applies for GGM 120,000m drilling still without a FS nor ROLLING STALL.
BS baffles brains. 2H21 to expand drill program = PUMP & DUMP +  MORE DILUTION
Infered resources of 7Moz. @ 250oz/t  without a FS = not impressive even with the gold.

That could be a problem for new CCW shareholders. Just like those with Granada's fully permitted failed ROLLING STALL.  It announced a Feasibility Study that was never published with all the gold and nugget effect in the ground. Like GGM, CCW only has a small non economical infered resource. NO revenues from LLT and the 1000oz Ag Dore Bars and the Re2OX propriatary process.AND NO NEW POST COVID HIGHS!!!

[Scanner454]

this is not looking good

[2008run]

You said it! While CCW recycles tailings to produce 1,000ozAg Dore Bars at TTL, it's propriatary Re-20X process is idle with the Rolling Stall at Granada. Competition is moving forward: https://www.energy-storage.news/news/canadas-li-cycle-claims-100-materials-recovery-commercially-acheivable