Member Info for Mojolse

Great post. Thanks for taking the effort to do that.

https://www.resourcesrisingstars.com.au/news-article/banks-see-higher-iron-ore-prices

Will go tripple digits

San Celso Silver projectBonanza Grades•San Celso hosts two historic underground silver mines from turn of the last century •Bonanza Grades:•Historic grades up to 2683g/t Ag (~86 oz/Ag)•Recent sample grades up to:1,389 g/t Ag (~44 oz/Ag), averaging 441 g/t Ag (~14 Oz/Ag) from 96 samples•Numerous stopes indicating the presence of high-grade silver ore shoots off main veins. Footwall mineralisation also apparent yet unmined.•800m known strike of main vein systems within current licence area, depth to be tested•Indications are mineralisation continues at depth below historic mining and on strike in both directions

Los Campos Silver projectAverage reported head grade of over 1,000 g/t Ag•3 km from Endeavour El Compas silver mine –comparable mineralised system•Los Campos includes:•Two historic silver mines•Average reported head grade of over 1,000 g/t Ag•Historic waste and maybe ore dumps on surface remain to be tested for silver content•Recent high grade samples taken by Alien including 547 g/t Ag (18oz/t)•Work planned:•Determine extent of historic mine workings•Scout drilling planning•Seek partner for potential JV or farm in agreement

Bill is also negotiating a new tenement thats running along a strike and continious vein at Los Campos

We also have gold. Look at San Nicolas mine

VMS style geology identified from recent mapping and geophysical surveys.•2019 surface sample results included:•3.34% Cu •2.68 g/t Au •Samples associated with ground magnetic anomaly •Located24km from Teck Resources San Nicolas Project, resource: 108Mt @ 1.16%Cu, 1.6%Zn, 0.43g/tAu and 24.5g/tAg•10 km from El Coronel Silver/Gold mine (Carlos Slim)•Discussions underway with major Mexican Mining group and others for possible Farm-in agreement.•Finalising scout drilling plan.

Demand will skyrocket thanks to electric car industry

We could have between 30 to 50M ounces of silver. Even at $30 silver , we could have a sales value of 900M on the lower side to 1.5 bn on the high side and if silver stayed at $50 we could be looking at $2.5bn upside.

This is just one commodity asset out of our list.

Silver to gold in the ground is 8 to 1 ( Craig Hemke )

Silver ratio at present is 71 down from 120.

https://youtu.be/AbYC2b2FTas

Super listen

Don't get it , 8th Aug we were in low .3s

Look at the premium paid for the 4.06 trade that just popped up !

Im not concerned about Bills skin in the game. He doesn't need to buy here to show investors that " even Im putting my money where my mouth is " . UFO is in a different league. Its going 300M plus cap for starters. He will be rewarded down the line with bonus and performance related stock.

Main thing is keeping focused and staying positive. The assets we have a special.

https://m.miningweekly.com/article/mining-industry-yet-to-fathom-scale-of-battery-raw-material-challenges-friedland-2020-08-28/rep_id:3861

Open if anyone would like to join

Wait till they cap bonds because they won't be able to pay the interest. Gold & Silver will go nuts

1M now .47

FEX acquired its project from a private group who vended it in late 2018. The project was originally discovered by Atlas and sold off when they were struggling during the lows of the iron ore market in the mid-2010s. FEX has since proved up the resource, approximately doubling it to 10.5mt @64%, and has progressed feasibility and the requisite major approvals to be in a position to mine and ship in January 2021. The project has mining inventory of 8Mt @64% and is aiming to produce 1.25Mtpa over 6 years. At the time of the feasibility, the project was expected to deliver $16.4m in EBITDA per annum at a price of USD78/t ($0.70 FX rate), however, at current levels EBITDA would be $85m+ p.a., in which EBITDA is approximately equal to pre-tax free cashflows. The post-tax NPV8 of the project at spot is ~$252m or ~$0.44/sh. Whilst exploration upside is limited, FEX has flagged they would look to partner or acquire similar deposits in the surrounding area or along its transport route otherwise cash would be returned to shareholders.

https://www.livewiremarkets.com/wires/strike-while-the-iron-ore-is-hot

Fenix have 7.6Mt ore we have 74 low case 245 high case lol

The IRR on Hamersley will be over 50% thats the beauty of DSO . Contractor in to dig out the ore and transport it to the rail line and ship to china. Thats worth 100M plus to the market cap here alone.

San Celso
Los compos

Plus new adjacent tenement

News due

Donovan2 6 drill campaign news due on start date