Post by
CaptainE on Jun 03, 2024 10:43am
Jake proximity to logging roads….
Is extremely misleading. I have worked extensively in the area and the mentioned roads (if it's what I'm thinking) do not lead to any community. The roads are a hub and spoke based out of an old logging camp called minaret which was decommissioned in 2006. This camp was serviced by a now delapidated rail line that runs 70 miles to Takla lake which was taken out of service in 2007. The rail line would need hundreds of millions of dollars work to get it functioning and then it is a 2.5 hour drive on dirt to Fort St James. The drill is going to have to hit some next level mineralization to get anything off the ground. Even then the Jake property is a fair distance through swamp and wilderness to get to the decommissioned roads. Just thought I'd point that out. Unless they are talking about linking up to the upper Skeena/babine road near kuldo where Tommy Jack is nearby but that's also still a ways through some raw wilderness with no infrastructure, no power lines etc. nice piece of ground though. I would write investor relations to clarify exactly which roads they are talking about.
Comment by
BrokenArrow44 on Jun 03, 2024 5:46pm
I disagree. I too have worked extensively in this area. You can see roads in the presentation. Yes, deactivated, but run a D9 down that road and you have a new one in no time. Happens all the time. And when this next drill DOES hit "next level mineralization", a road will not be a big problem...
Comment by
BrokenArrow44 on Jun 05, 2024 3:54pm
Regardless...mute point. They found diamonds in the middle of nowherein the NWT, with no roads and figured that out. Same scenario here if the drill results come bck positive. They always find a way...