Re: New news/tweet
posted on
Nov 16, 2020 09:56PM
Combining Classic Mineral Exploration with State of the Art Technology
In the meantime, while we wait- BG is apparently expending time, effort- and funds on various pointless activities- acquiring a string of quaintly named locations and other MEPs, expending funds on a redo of the ZTEM data that added little to our understanding of the location and extent of our primary HM target, and redoing the geological analysis of the area- something that has been done previously many times over. In addition- it sounds as if there is ongoing geological investigational activity as described at Red Rock Canyon and other sites.
The question is- to what end? It is all small potatoes compared to the huge primary copper deposit at the Hay Mountain primary target that brought us here in the first place. If we have access to enough funds to be engaging in all these peripheral activities- it seems it would have been better spent to initiate drilling. And if not enough to do that- maybe better spent promoting HM. Or maybe better not spent at all- needlessly increasing our debt- increasingly flirting with bankruptcy.
Why is this all being slow walked? Why is money being expended on these peripheral activities, while we apparently can't drill for lack of funds? Why has BG thus far failed to secure a funding partner? Is he really holding out for some grandiose illusory deal with a major mining corporation while rejecting smaller and more appropriate offers- while deals are being made all around us? Many think so. Or is it something else? I don't know either. It is all quite inexplicable.