Post by
HuskySW on Jul 19, 2024 12:12pm
$$$ in the Yukon, who gets permits, the Zall's factor.
This is all for entertainment only, has no real basis, and does not reflect on anyones reality. It does not comment on any real events or people or refer to anyone now in existance or passed. No opinion is presented or implied. So for your entertainment and amusement only
The biggest employer in the YUKON is the public service sector...
But as for mining in the Yukon there are charges for everything lol ...
Permits for staking claims easy
Permits for swinging picks, easy
Permits for poking holes, relatively easy
Permits for design, easy
Permits for anything with no env impact, relatively easy, why not, no environmental impact!
Permits for BS and promoters while fingering the investors to drop hard cash easy. Said but true, there is 140+ years of history on that.
Permits to set up camp, easy
Mine Suppliers, easy (there's the real money :))
It's easy money for the coffers, lol
Permits for water license, hard rock, quartz, whatever with YTG, EMR, First Nations to operate the mine, impossible, well not totally but you get the drift. OK
It has been said.
It's like 1 in a 1000 venture inititatives that ever make it from exploration to assessment (poking holes) to the EMR for even consideration.
Of that consideration one "consideration" every 10 to 20 years ever makes it into production! Run the stat's.
For the Yukon there is a lot of hard cash in the pre-mine exercise. Later some cash from the operational mine but don't forget the feds get some. The real risk is (usually) (VG is an outlier) the big chance there will be a costly monitor and remediation phase. Run the stat's
Here's my Size of Zalls factor for investing (I mean gambling) in Yukon Juniors.
10,000$ - 1 Zall Meh, your just playin around
50,000$ - 2 Zall Hmmmm, are you spending what your Zall's can't cash
100,000$+- 3 Zall (You've got big Zalls) (You knew it was a stacked and loaded deck right?)
Best ;)
Comment by
HuskySW on Jul 19, 2024 1:11pm
OK my account laughed at the Zall's factor and pointed out there are investors with "leveraged" investments in junior miners. What! OK so here's the 5 Zall factor 100,000$+ - Leveraged 5 Zall - Don't be crazi (you're gonna loose your Zalls) Best