Comment by
Emuna74 on Aug 04, 2021 3:17am
When you listen to all this presentation you understand quickly what for an amazing opportunity Tier One Silver is. All the boxes that matters are ticked and now we just need the drilling results. As David say, this is real, we are not dreaming ...
Comment by
Oilminerdeluxe on Aug 04, 2021 6:53am
The CEO can hardly contain himself when talking about that extra additional ground they got and the reason behind it. Feels like something that will be released either this week or next. Real nice video. Every fan of Tier One will like it.
Comment by
Oilminerdeluxe on Aug 05, 2021 8:55am
One thing. Perhaps I misunderstood things, but I got the impression they are only able to use one drill instead of several?
Comment by
Emuna74 on Aug 05, 2021 9:42am
Correct. The current drill permit allows only one drill. But as soon as the first drill results move the share price up they will proceed to a new financing round and upgrade the drill permit so that they can use more drills simultaneously. They stated that this permit upgrade should be quite straightforward.
Comment by
Oilminerdeluxe on Aug 05, 2021 9:45am
Thanks. That cleared things up. I got the impression they would be stuck with just one for some reason. Glad that is not the case. A few more weeks of waiting and then we might celebrate like greedy bankers.
Comment by
GoldenOrb on Aug 06, 2021 8:46pm
Well said. One other issue with more then one drill, (as IB pointed out) is the problem with getting enough water to pump into the drill system. Evidently Peru has certain designated pump stations where the miners can get their water. Trucking water over a certain distance will have to ramp up big time when several drills are turning.