sick as a parrot......, page-10

i am going to give you the benefit of the doubt here, and let you know know why, as far as i could find, i think they will be able to cobble somebody elses data into a profitable mine.

a quick google of iron/nevada will turn up a few interesting articles which explain why there is an abundance of resource but a dearth of production:

the western ports can only cater for 70,000t ships.

hence, your usual iron ore customers (namely the chinese) are reluctant to set up shop in this magnetite/hematite parasdise as they would need to build their own smelters to convert the ore into pig iron, allowing for higher grade small volume turnover.

the point of all of this time wasting by Richmond, as you describe it, is to confirm that the project is economically viable without the need for a smelter.

long story short, i suspect they are probably trying to negotiate an offtake agreement before committing funds to the project.

i know as a small time trader, you would prefer that they just do some digging, come up with some bells and whistles grades, so that you can earn your 100% in 3 days or whatever it is that you expect of the stockmarket.

but if the company are genuine in their intent of becoming a producer, i would guess that your needs are kind of detrimental to that of the rest of the story.

which is why i so kindly suggested many times past that perhaps this was the wrong sort of stock for you to be on, although i notice you keep ignoring this fact and dwell instead on the patently obvious

ie this is not a pump and dump toy