~roughingit 0 online
Members of #~roughingit
Moderators
Members
click to invite
@Tim_Oliver Don't compare Mg and Li ratios from Whole rock digestion. Only compare ratio in brine solution.
3
click to invite
@DanO I know Tim :)
1
click to invite
@CriticalInvestor Could you explain this a bit further to me Tim? Right now it looks they almost better call it a magnesium operation with Li for byproduct;) Fe is too high too btw, same thing? Tnx
0
click to invite
@DanO The $ion paper had been released. Read it on www.miningandmoney.com home page. Click on the link. Comments? let me know.
16
click to invite
@DanO I ran some $lix data on their initial solar evaporation ponds (nr) thru my calculator but I am getting that they would be able to produce only 700-800 tpa LCE by using their 63 ha lined ponds. In other words they need to build more ponds (170 ha to 230 ha in total) to be able to reach their stated/nameplate 2,500 tpa LCE production. Potash does not add that much value maybe another 50 tpa LCE equivalent. http://www.newswire.ca/news-releases/lithium-x-receives-permits-for-construction-of-initial-ponding-facility-at-flagship-sal-de-los-angeles-project-614368643.html
0
click to invite
@DanO $lix Also 'As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosure.' http://www.newswire.ca/news-releases/lithium-x-issues-news-release-614291543.html Nothing bad here. Getting rid of old data. New report on the way.
0
click to invite
@DanO I have also expected that they buy into another project which they just did. Arizaro salar might be good. I'll check it out later. $lix
0
click to invite
@bslusarchuk @DanO Hope all is well. K92 put out some more grade control drilling results today. The company has now put out a fair bit of grade control drilling on tight spacings at Irumafimpa (the first deposit to come online and now in production). Increasing confidence in continuity as a result of this ongoing program. As we corresponded here late last year as to continuity, mine plan etc I wanted to update you (we didn't have results yet to discuss at that point, but now do). If you're available at PDAC for a meeting, would be great to sit down for a coffee with some of the K92 technical guys around as they are feeling good about how things are unfolding over there. In addition to the production re-start and associated grade control work, they are also preparing to drill between Irumafimpa and the larger Kora deposit (which is 700m away via an underground incline to be blasted).
2
click to invite
@DanO Hi @bslusarchuck . TY for the update. It is definitely interesting and I plan in meeting you guys (in Vanc) to write about your PNG project but I am not sure if I am going to be able to attend PDAC due to work commitments. I have taken different jobs small to large and I got to go on the field for some of them. E.G. Tomorrow I will have to take the rifle & truck and leave town and go and get a few samples from a valley somewhere up in the mountains. Pls tell us something about your #cobalt co as well.
6
click to invite
@bslusarchuk @DanO sounds good although hopefully the bears stay away and the rifle doesn't have to come out on the trip! As to meeting in Vancouver - sounds good. Let's coordinate for when you are back. Should be some more operational type updates out soon, so will be more and more to talk about. As to cobalt situation, I initially got involved in $FCC because of the team that was being put together on it. And, the thought that this team would attract best of class deal flow. That is playing out well as an excellent initial basket of assets have been tied up and there is a lot of additional stuff being looked at every day. Bob Cross is in the mix and he has an excellent network that has been hugely helpful both in terms of projects to assess and also in terms of attracting management/director interest. I am an independent director on $fcc and looking fwd to assisting the company in any way I can. The recent $3 million financing was increased to $6 million (straight share at $0.50, no warrant) due to strong institutional interest - an excellent roster of groups getting involved.
1
click to invite
@Brandon Leave the gun behind, @DanO, and take bear spray. Proven to be far more effective at preventing injury and saving lives in bear attacks. https://assets.documentcloud.org/documents/326124/efficacy-of-firearms-for-bear-deterrence-in-alaska.pdf
1
click to invite
@DanO Will discuss that later @Brandon.
0
click to invite
@DanO I had an interesting 2-3 day trip. Uneventful but it was nice to be outdoors. Knee deep snow in places but I found my locations and collected some samples, so all good. I will be heading out to another one soon.
0
click to invite
@DanO $ion news release. Wow! Keeping with the tradition. M & M will release a new paper on them on Monday.
7
click to invite
@dirkdiggler based on personal experience @Brandon, relying ONLY on bear spray in areas that have high concentrations of territorial Silvertip Grizzlies, like Bute Inlet, that would be a grave mistake.
0
click to invite
@Brandon @dirkdiggler: Personal experience is anecdotal, that study is data-driven science. I recognize that a gun is the only lethal force available to you in the bush, but that doesn't make it the better option.
0
click to invite
@Brandon I get that it seems contrary to have more faith in a non-lethal deterrent, but the point is not which is better at killing a bear, but which is better at preventing the bear from killing you. And to that, spray is much more effective.
0
click to invite
@dirkdiggler If you were working in pairs, and each of you had 2 full cans of the most potent capsaicin spray on the market - one in each hand - and you were unloading all 4 cans flat-out at a grizzly that was in a full charge.....it wouldn't phase the bear, not for a second @Brandon - the spray would have the same approx impact on a tank. My preference for the coastal interior inlets: work in pairs; each has a radio with a heli pilot on standby, a can of spray (+ a bear-blaster) each, and a defender shotgun chambered with a warning round of birdshot, followed by two rounds of 3" 00 buckshot in the mag, followed by two 3" slugs. One guy works the 'deterrants', the other preps for position to blast away. Details of real encounters in my upcoming book.
3
click to invite
@DanO Without getting into details right now I agree with @dirkdiggler. I do the same when working with a field assisstant i.e give him the spray but I keep the gun ready. I fired warning shots as well and that worked well when the bear wasn't upset. But I go by myself so many times therefore I take a rifle and ... a can of bear spray. Y
1
click to invite
@DanO Yesterday I had a firearm mafunction (mechanical) and I had to leave the rifle in the truck and take the bear spray. Not a big fan. I was in the military and I am used to guns. For protection purposes.
0
click to invite
@DanO And yeah I was alone somewhere on a snowy valley. But it is not always about bears. There are other predators as well.
1
click to invite
@DanO $ion U guys went crazy :) Talk to you on Monday.
0
click to invite
@dirkdiggler Spray works great on curious, or stalking black bears - a couple clean blasts can take away its incentive. The problem with spray: when you're working in stormy conditions and a wind gust redirects the spray, sometimes right back in your face - then you have 2 problems to deal with! Or.....when you're faced with a 'surprised' grizzly who will tear a 6' wide swath of earth right through you, spray or not. @Dano, I do the same when alone, especially up the coastal inlets.
3
click to invite
@dirkdiggler I tend not to worry about cougars or wolves....figure I have a good chance with them, even unarmed. But there's something especially menacing about a creature that can dispatch the head of a horse with a single swipe.
1
click to invite
anonymous @DanO I had a look for your work on the Nova Scotia gold mines and did not see it. Did you post it? You wrote that would on Jan 25th? Just wondering if I missed it somehow? Thank you https://ceo.ca/~roughingit?e2b52ab1da63
0
click to invite
@DanO @anon I started writing it. Did some research first. It takes time. Then other projects (i.e. the ones that make me money) took over. I did not forget about it. If you are an investor and not a specialist/promoter/involved with one of the cos then send me your name and I might give you 2 sentences that would indicate what to look for. W/O examples etc that I would include in the writing.
1
click to invite
@DanO To be honest 2 nights ago at the hotel I tried to catch up and do some writing i.e. after fieldwork. I was pretty tired but I tried. Unfortunately my neighbors were having some loud sex with her being out of control so I had to leave for the bar :)
5
click to invite
@DanO BTW I agreed with @dirk and gave him another thumb up. Ok back to my business proposal. Why is it always difficult to make rich people depart with their money? :)
2
click to invite
@DanO An updated report on $ion was released by M&M. Check it out (link on the Home page) www.miningandmoney.com Good read.
15
click to invite
@DanO To enlighten some
0
click to invite
@DanO You might find #lithium enriched clays w/o you being able to identify hi grades lithium brines. The way that lithium clays, brines form and their relationship as well as an assessment of the available data I offer as part of my consulting business. And much more.
4
click to invite
@DanO It is always cheaper to pay the consultant than to f up and spend a ton of money and lose the confidence of your investors. Just sayin'.
6
click to invite
@DanO I am in Europe doing some dd.
1
click to invite
@BS Where are you Dan?
0
click to invite
@DanO I wouldn't advertise that yet.
0
click to invite
@CriticalInvestor If you mention it you should be able to provide at least the country, otherwise why mentioning it right?
1
click to invite
@DanO To justify my prolonged absence that's why.
1
click to invite
@CriticalInvestor Ok fair enough, when back?
0
click to invite
@DanO Then better not talk too much until dd and deals are done. There are guys that know Europe pretty well (it's not that big) and it won't be that difficult for some of them to figure things out. I visited two countries. None of them Holland:)
2
click to invite
@DanO I was thinking in spending a night in Amsterdam though :) but a client from BC wants me back ASAP to fly with me to a location so he can see things with his own eyes. Another one asks me about his NI 43-101 so I have no choice but to come back later next week.
0
click to invite
@DanO Btw forgot to thank Otto for his kind mention of my $ion funny piece. It ranked on the second place on his site :)
11
click to invite
@DanO 2017 fieldwork http://cdn.ceo.ca/1cco38g-2017%20fieldwork.jpg+
3
click to invite
@DanO The Curse of the Bahia #Emerald, a Giant Green Rock That Ruins Lives https://www.wired.com/?p=2163027
1
click to invite
@CriticalInvestor Nice tale, unbelievable they got an actual $19M bid on Ebay for that thing, and even more stunning is they turned it down
0
click to invite
@DanO True :)
0
click to invite
@DanO A 2.5% increase in apparent Chinese demand put the global refined #copper market in a 50,000 mt deficit in 2016 https://goo.gl/EoUBXI
2
click to invite
@DanO The #zinc market was in deficit in 2016, even though demand was modest, while fundamentals remain positive and global zinc demand is expected to grow 2.5% in 2017 https://goo.gl/4UmFhS
3
click to invite
@TheGalvanizer Even modest growth of say 1.5% would equate to a new Lisheen needed annually (ill take 2.5% though)
2
click to invite
@Brandon That's the thing for mining - the assets are depreciating so you don't need demand growth to create supply shortages if you aren't replacing closing mines.
2
click to invite
@TheGalvanizer I would add that I think the table of new mine additions coming on (the sub 50ktpa variety) in say the attached RBC zinc report http://cdn.ceo.ca/1cd32pt-RBC%20Zinc%20Market%20Outlook_30.1.17.pdf greatly overestimate the financing ability for many of the B/C properties which make up much of WoodMac's probable/possible development assets that are needed to balance the market
2