and Kinross Gold Corp.įormer Investment Banker at Raymond JamesĮxploration Geologist with 30 years experience, Gold, Silver, Base Metal and bought by New GoldĮxploration Geologist, President and CEO of Inflection Resources.įormerly GoldQuest Mining Corp. Welcome Opportunities purchased by Endeavour Mining 2002. Northern Empire bought by Coeur Mining for $117.M in 2018Ĭurrent Director of multiple resource-focused public companiesĢ5 years experience in mining sector. Underworld Resources bought by Kinross for The contents of this presentation have not been approved by an authorized person. or any of its directors, employees or advisors, as to the accuracy or completeness of the information or opinions contained in this presentation and, save in the case of fraud, no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise contained or referred to in this presentation. No undertaking, representation, warranty or other assurance express or implied is made or given by or on behalf of Precipitate Gold Corp. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on any other document or oral statement or on the completeness accuracy or fairness of any such information and/or opinions. This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Precipitate Gold Corp., nor shall it or any part of it form the basis of or be relied on in connection with or act as any inducement to enter into any contract or commitment whatsoever. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially and materially from what the Company currently foresees. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. My guess is they don't want anyone, Canadian and/or Foreign entity to walk from $250,000,000.00 of remediation! (I am trying to choose my exclamation marks here wisely). so please stand by.Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Therefore one can conclude several things, (and perhaps my assumption is wrong or maybe half right), Conuma has to have a financial backer, the question is WHO? If they mine this property, it’s about a 10-11 year mine life, but here is the big. pay attention to, the 25% Royalty to TECK from Conuma is beyond steep. 1) How much coal is in the ground? I've done a lot of digging and by estimates from knowledgeable people it’s around 40M M/T, our standard of mining is different than the Chinese, they take it all we dont! The spur line (rail) the wash rack and the load out clearly valuable, but the assumption of debt is one thing, but the REMEDIATION costs are north of $250M. Not a surprise but the things we don't know are very important. Sold pending all sorts of things from TECK. Well, those that know me, know this is just too big a story to not say anything! Lets cover off Quintette. Well, sometimes one has to weigh in and other times its best to stay put.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |