Ore has a specific meaning under the JORC code that relates to mineralisation that is amenable to be mined and extracted economically. BBX would not be able to refer to their mineral prospects as orebodies, it’s only on social media where anything goes that these misrepresentation are allowed to be made.
The economics of mining gold in Aztec times is irrelevant as that culture was more of less akin to that of the ancient Egyptians. If the Pharos wanted to build a massive stone pyramid so that they could assend to heaven then it didn’t matter how many people had to be worked to the bone to build it or how long it took or the economic cost to society.
Maybe if BBX let investors know the cost of grinding, heat energy, fluxes, acids, electrodes, electrode energies etc per unit weight of material then investors could start to get some idea of how feasible their extraction process might be. Until they give specifics it’s just uncosted black magic. Esh
BBX Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
