RE: Brazil JV Update16 Jan 2022 14:15
Exciting times indeed Dr Remington. This is the best I've felt with my investment since I've been invested ironically. Apta has de-risked Anza somewhat. Majors armed with a bucket load of research to drill this year. Royal road next door throwing up interesting results, pupino and pepas 15km of strike. The whole of Aragon fault apparently mineralised. Not to mention la Cejita and working hard on licencing which was described as the "grand daddy" to all the over areas surrounding it. Not even getting into the apparent overspend forecasted for this year and the other areas that are part of the land package, not drilled yet or assays are having to go back for retesting as they are juicy. As you mentioned, Brad has used his knowledge and activated first mover status to try and snare another area in the vicinity (that apparently has piqued the interest of other companies). He's secured a low cost JV in a solid tin producing area, that has potential because he can, cause he's not having to fund Anza exploration. He still has other JVs in the pipeline (no doubt checking out on this south American expedition) so I'm expecting news on that front on the not so distant future. New website still not up, I'm wondering if information on other JVs are already included on it otherwise i don't see why it's not went live after tin news? (Alluded in interview it's not up as tin info was on it). The tin area is bordering a mine that has produced a substantial amount of tons of tin in its history with substantial reserves. The region itself exports quite a bit to countries who are hungry and has seen considerable percentage increases at that. Don't want to give it all away but if it's interesting from Brad's perspective then it interests me. He has the geology knowledge, I don't. Via my own research however it's clear to see why he went for it. For those who wanted another gold JV I wouldn't be surprised if the next one was in all honesty but I get the impression Brad isn't too fussy what it is. The conditions are large land package, cheap entry/ conditions and does it have potential. Very much a case of watch this space at the moment.