Re: the PEA - time to call a spade, a spade...
in response to
by
posted on
Jun 02, 2015 09:19PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
I don't know exactly what people expected. They could not come out with higher resource estimate than what they already said in the 43-101. Pea requirements under the OSC states exactly what they did 80 % of indicated. They could have used higher & then OSC halts trading & ties your investment up for a year to rewrite the PEA. RPA, SGS & ZEN knows exactly what they are doing. Let them file the PEA & lets move forward from there. This is one Helluva a PEA. You don't think companies look beyond what the PEA says and see what they can actually mine & make in revenue. I think any miner would think 110 million per year a great profit.
Sit back & wait too see what happens. There is not too many companies out there would snubb that kind of profit. If this is taken to a mine by AE, then we have bigger profits.
Take a deep breath & see what is brought forward. AE can now talk to companies about what they have. Retail is selling big time & institution will be stepping in & we will see SP rising.
GLTA
DUDE