sweet video. always interesting keeping up with mining activities in ontario. alot of claims in redlake being cancelled lately guess the rush is over up there.
The infrastructure they were able to buy for pennies is incredible. They paid 6.5 million for 300million in assets. There will be a time when this stock will fly.
Dont forget that the mine was actually worthless without hundreds of millions in investment, there may be other strings attached as well such as future land reclaiming costs
Why is it junior mining if it's already a built lift? (But not a lot of ventilation on that?) What's with the half kilometer drive when there's a shaft, more equipment tonnage? When are they going to switch to downbore mining or draw (tailings) rock good for field weathering? Tell me again how the headframe was floatplaned in. Why do I see 0 solar panel powering the works, too cloudy? What about everything in the refinery that wasn't gold, is it slagged off the top before the pour, and running spectrometry taken to look for Ta and stuff, or... What happens to the built mined space, truly no arch building but all ceiling bolts plus meshes? When do the explosives certified robots arrive? Were those Moscow Mules or milk? Why in 15 years of development don't they have decently fashionable locally made natural fiber high vis gear? Just listened to a Redefining Energy Tech bit on How Big Things Get Done by Bent Flyvbjerg and Dan Gardner, and they'd look at a runway past 5 years and call it useless because the cost of capital isn't stable past that. As to calling the mine a deal, what kind of fines was the previous operator into that they had to walk away from $$330M?
That female head geologist was impressive she would be able to tell you every part of that gold deposition host rock enrichment events everything I would love to be in the room with her
