The Presentation appeared to have good Focus and the Luncheon equally it's Intent. Our BoD is trying to catch up to the events happening at the RoF, in the Back Rooms, and respecting the realities of the current Global Economic and Financial situation, as well as the harsh reality(s) of the Mining Industry. There was nothing much new in the Presentation
Except:
1. A very decent representation of the current Understanding and Significance of the Basic Geology of the Primary Area of Focus. ALL those with Property in the area Along and Adjacent to the AT11 - AT12 Trend should be in the Money. But only eventually. However long that eventuality takes to be realized.
2. Caution needs to be made in terms of Decisions on moving to Production. there is and will be competition from outside the Area. Capital to get into Production, though available, will be an Important Factor. And as such, the mode of Raising that Capital will have Important Implications to the Share Holders of this and any other Company looking to get into Production.
3. Those with Significant Additional Minerals (and of sufficient Tonnage) to Offer into the Markets will be Capable of moving to Production, with a realistic expectation to be able to Weather normal Market Fluctuations. And this Additional Minerals capability will allow Capital Markets the needed security to make the Capital available. Life of Mine being of secondary, though important, consideration. Once into Operation and having Start Up costs covered, the continued Operation of Mines will become a simple function of then current Market Conditions there after into the future.
4. Cliff's initial involvement, though Significant, is not a Game Changer All On It's Own, as Cliff's will also have to consider the Same Set of Economics as any other prospective Developer/Operator. Thus, TIME and Mineral Resources continue to be the KEY Considerations for ALL interested and/or involved.
Old Joe
PS: Why only one Question? And Why only that Specific Question?
Best we all keep on putting it to the BoD in our own way and in our own time frame and manner.
The NOT BoD backers, by putting on this SUDDEN Change of Face PR Campaign are finally waking up to real Reality.
Value the Valuable.
Begin and Continue to Value the More Valuable, MORE!
