Post by
Porksausage on Nov 06, 2018 2:15pm
Problem is:
There has been 70 yrs of drilling and exploring on this property. Over 390 holes drilled. And what is happening? They are drilling more holes. And more holes . And exploring. And drilling. 70 yrs from now they will be drilling. And exploring . And they will have over 900 holes. And the Corporate people that have come and gone as well as the ones to come , will pull fat salaries out of investment monies put in by sheep. Sorry. I mean shareholders. There is NO accountability it seems. Just a press release every once in a while keeps their paycheques rolling. There are many examples of these " Jr. Exploration companies" . Often the CEO will sit as a chairman, director or even CEO of multiple " Exploration" companies. It's a great way to make a pile of dough.
Comment by
Goaweigh on Nov 06, 2018 2:40pm
But here you are anyway. Thing is that every once in awhile one of these Co.'s get's lucky or maybe by accident, drills into something completely unexpected and POW we are all living like Jed Clampett. I'm sure you mean well but I've already made big plans with the proceeds of my $10 per share win so please don't burst my bubble. Thanks Porky
Comment by
gamer88 on Nov 06, 2018 5:32pm
This post has been removed in accordance with Community Policy
Comment by
Goaweigh on Nov 07, 2018 9:53am
Yes there's nothing like a good discovery to make a float of stock completely irrelevant. What's ours like 40 Million maybe ? What would we buy if there wasn't any float ? Anyway I love your analogy to the Bigham Caynon mine, if you had to pick one that's as good as it gets. But where did you here that , from someone in management, a Geo friend maybe ? Thanks
Comment by
Goldnboy1 on Nov 07, 2018 12:23pm
The presentation compares the Kennecott Mine (Brigham Canyon) to the Stardust Property. The chart linking the two can be found on page 12 of the presentation. It is my assumption the company would continue to attempt to draw links between these two deposits.
Comment by
Goaweigh on Nov 07, 2018 1:13pm
Yes I see it now. I guess the similiarity is both are more polymetalic than the others. Why not continue to draw links between them, we are in the dreaming business afterall ! Now where is that assay !