RE: RE: Isn’t it amazing19 Sep 2020 10:37
Can you elaborate on this please? I’m a relatively new investor so I haven’t heard of what happened with UKOG, SXX, HUR.
With this my initial thought was it’s a bit strange to dismiss a mining company purely because it’s based within the UK.
Does the UK have more stringent rules when it comes to mining? Or are there any other reasons for your scepticism besides the track record of previous UK projects?
I am currently in ALBA, GWMO and ROCK; so somewhat diversified in terms of mine locations across the globe.
I am aware that GWMO and ALBA are both very similar in terms of their plans to extract minerals from previously explored mines; and I read on here a couple of months back that extracting during the winter might not be feasible due to the ground being too hard to work. Upon further research I have found that the winter in Nevada should arrive around the same time as the winter in Wales (October/November), however both companies are using leeching techniques which can be used all year around and thus have a good chance of producing a sufficient amount of revenue in the near term.
Any information or insight will be greatly appreciated. We’re all here to learn and we all have to start somewhere. GLA