"Since there is no mention of the pilot plant those who bought...

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plough

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01/05/18

09:44

Post #: 32790325
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Originally posted by tubber ↑

You do realise that these are not drill assays, don't you? The announcement is "Metallurgical Extraction...." and that is covered by a different section of the JORC code, it doen't require quality control checks and balances, under JORC these results are meaningless until assay results are available for the drilling, the RC and diamond drilling finished over 6 mths ago and they have not been able to release any drill assays.

IMO the reason why the SP dropped is the faithful are relying on a pilot plant producing gold and thereby circumventing the need to approach the project in the conventional manner, ie prove up a resource and the mine plan etc, the faithful believe that BBX will jump to the final step and produce gold at the start of the process, kind of a cart and hourse arrangement, but one where the horse is infact a mystical unicorn that shits gold and pisses platinum.... Since there is no mention of the pilot plant those who bought in recently on gamble have fled.

Tubber

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"Since there is no mention of the pilot plant those who bought in recently on gamble have fled."
Pilot plant commissioning going ahead according to the quarterly just out - would be nice to see some topline revenue no matter how small , but would be extra verification as to proof of concept.

BBX Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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"Since there is no mention of the pilot plant those who bought...

Top Stories

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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