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RNS dated 5th January 2023:
"The Western Milling LLC joint venture is making good progress and a meeting is scheduled with the regulatory authority NDEP (Nevada Department of Environmental Protection) in mid-January to review plans and incorporate any modifications required by the NDEP to facilitate consent for precious metals production start-up. Production can only commence after receipt of a NDEP permit but construction can begin prior to consent. The aim of the review meeting with NDEP is to give the joint venture the confidence to start construction. Subject to weather conditions, groundwork will begin with first concrete poured at the end of February."
Western MIlling LLC: "We use our expertise, operational efficiency and unique vertical integration to deliver customized animal, people and plant nutrition resources."
Nowhere on their site of in the parent company (Viserion - https://www.viserion.co/) do they mention anything to do with mineral extraction, precious metals or mining. Their business is concerned with "grain" production and milling operations.
Permit wait is now over 12 months. I struggle to see what value a grain company could add to a mineral exploration and extraction company.
It is now April 2024.
Some would say it looks fraudulent but I couldn't possibly comment.
Cant be much money left, another raise must be due soon
Answer the question fake boy
chisler
Thank you, at least I’m not the only person that knows something is not right. Taking far too long And these guys continue doing sampling, and eventually going to need another placing again
Bamf - Thanks for that update that is useful, it would be more useful if the bod gave an update to the delay etc, I think investors are now questioning even more the tact used its not good that's for sure, communication is key after all, I fear bad news here but fingers crossed.
Lifted below from Navad state dept website
New Applications Review Time Period (days)
Administrative Review: 30
Technical Review, Draft Permit, Fact Sheet: 90
Notice of Intent to Issue or Deny, Public Notice/Comment Period: 30
Notice of Decision, Permit: 15
Appeal Period for Notice of Decision: 15
Total: 180
If required, additional time for scheduling and noticing public hearing: 45
Total: 225
But given they expected them last September something is not right!
Nice to see gold at $2260 today
How long does a permit application take?
I am tired of waiting....
Something that was said in the RNS of 5th jan has peaked my interest for several weeks, under the heading, Rare Earth Minerals, the last sentence reads " It should be noted that the company is aware of relevant ongoing activity in this area by the United States Geological Survey (USGS ) an arm of the federal government." Why would the USGS be sniffing around next door to us in Nevada?
To my surprise easy as pie i got onto the USGS web page, boy o boy is that interesting, i suggest any one whom has a position here or is thinking of building a position should go on the USGS site click on news then click on state news. Reports dated January 24 2023, December 13 2022 and November 16 2022 are worth reading. The last one is the most interesting one, titled , Bipartisan Infastructure Law helps map critical mineral resources in Nevada and Oregan , take a good look at the map titled AOI 1, if you super impose that over our tennements it covers all of them, also that list is very interesting too. Now that list spells out what " critical minerals " are and the absence of which would " have significant consequences for the economy or national security" which is quoted in the September 26 th report also worth a read.
The US has only one mine that has these " rare earth minerals" The Mountain Pass mine 50 miles S/West of las Vegas just over the Nevada border in California, and i think its near end of life. China has 90% of global deposits of rare earth elements, minerals or metals. Now China has stopped all exports of such elements to the U.S. Therefore it looks like U. S. federal government can only source these elements from ......Nevada....
If whats been identified at M2 is on that list and is in sufficient quantities this is most definately another string to our bow.
I hope this information is useful to everyone and you find it as interesting as i have.
chisler
this will be 10p as soon as the consolidate and we all **** out again
This will go to 1p when the permit lands.
Dr Lawrence Carter, a leader in the field of Copper Porphyries, was employed to examine m2 and Huntoon and discoverd potentialy massive deposits of copper.
Dr Lawrence never gets it wrong.... check him out...
So now we need a partner, j/v or farm in.
When that happens ......5p plus
chisler
Where do we think the share price to get to once the permits land.
Huntoon could have a lot more copper
Yes, and BH says in talks with "several" interested parties, fxd.
A copper discovery open in all directions, covering a potential area of 154 mi²? That's all the superlatives!
Thanks for putting that up stumpy.
very interesting.
chisler
Https://www.youtube.com/watch?v=h8H3O58a4KQ
direct yt link for the tw*tterless
Spreads what?..
MrYummy. Goingtothe moonufo aka Dr Dubloon will have loads of useful figures, the guy is a walking spreadsheet.
End of day us PIs looking for share prices increase
any thoughts anyone ??? it reach atleast 2p this summer? or next spring summer ??
what you guys think lets do sums ??
someone do it???!!!
wheres that person who does all sums like that!! i just wanna know share price indications anyone pls ?? plus timeline too
Junior explorers eventually have to find something, and either mine it or sell the prospect. An explorer that doesn`t do this but continues to raise funds and explore is a lifestyle company.
We have found good quantities of gold/silver in shallow ground, but nowhere has GWMO indicated this will be mined shortly/this year.
Copper won`t be mined in the next few years, it looks like we weren`t able to find a JV Partner this year, hence the fundraise. However, the more we can prove up ourselves the better terms we should be able to negotiate in the future.
We all know the Permit is pivotal, as will give us an income almost immediately. And as Chisler and apr have said gold is doing very well (and currently sitting at over $2200 per ounce - not a bad time to have some to sell)
Onwards and upwards, fingers crossed, atb to all
He doesnt have too.
chisler
Brian Hall is a very smart cookie. He lines his own pockets very well. Gwmo is a good retirement fund for him I'd say