Aug. 13 at 6:04 AM
$SDRC asked Gemini to better explain the dichotomy of why an otc miner would intentionally act like their poor on a balance sheet yet spend millions on expansion projects and new employees like the outlook was a yellow brick road. Yes, Sean is playing games once again and I get that it's frustrating, but this offtake is unbelievably big with gold at
$4K and rising. Not a stretch to say it Could be 100% of EV alone.
"Ocean Partners signer the deal because the gold is real".
Summary
The company downplays the stockpile on paper because securities regulators require legal disclaimers, and accounting rules force a
$0 balance-sheet entry until an official NI 43-101 report is published.
Simultaneously, management is aggressively shipping samples to global traders because physical ore sales provide non-dilutive cash flow. Ocean Partners signed the deal because the gold is real, but they structured the payout to depend on final, post-crushing assays to protect their own downside.
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