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Pastimes : Zenyatta Free Speech Board -- Ignore unavailable to you. Want to Upgrade?


To: Zengold who wrote (7727)3/13/2016 8:44:29 PM
From: NuclearCrystals2 Recommendations

Recommended By
hoperrs
klondikekid

  Read Replies (1) | Respond to of 22811
 
"Indicated" resources are worth zip as well Zengold as you frame it.

Indicated resources are not bankable ............. or put another way, they are as bankable as inferred resources.

There is a reason private equity walked away from Zenyatta's offering and it wasn't based on a resource category.



To: Zengold who wrote (7727)3/13/2016 8:44:51 PM
From: LearntoTrade2 Recommendations

Recommended By
GrumpyGus
hoperrs

  Respond to of 22811
 
But you did not do the metallurgy required nor bulk pilot run as recommended. You guys can't even decide about the acid use for Christ sakes.So, again, your deposit is worthless too, at this point in time. But if you do a PFS, you have to have more commercial type data and engineering, including the bulk pilot and have developed a clearly defined processing scheme, which, at current, you do not have.

Nor do they have the funds for it. Else the PP would be institutional and on a large enough scale.