Even the big guys like Cliffs had to start somewhere. If the ground is fertile there is no reason why you can't build a new mining company. People and equipment are a lot cheaper these days. Permits and environmental assessments are processed every day.
We spent 15 million on Windfall building ramps for bulk sampling. We set up a camp with people and equipment. If we hand found gold we would now be in the mining business today. Richard made a bad decision. Faced with the same scenario the new board would have proceeded differently with Windfall. This is why Richard was removed from his post.
If we have the goods a large mining company will buy our people, equipment, lands, roads......If this area is truly the next big mining camp in Canada we are going to require infrastructure. My feeling is that if Noront is moving in this direction they know more than we do. Do you really believe they are spewing crap to lure investors? I'm a retail investor and the folks at Noront are experts in exploration and mining. Until I see otherwise I'm fine with this picture.
rosehill
rosehill
