Auryn/Medinah - 2023 2nd Half General Discussion

[MDMNJaded]

Hi Baldy - I see you are quoting Hulkster from weeks ago, but perhaps you are taking it out of context? I went back to follow the bouncing ball …

Seriously, I’m just trying to make sense of some of these complaints, back-biting, shared DD and opinions.

In the March 2023 Shareholder Notification, we are informed how the Chilean Mining Authorities selected Auryn Mining to host a series of training workshops regarding safer materials & explosives for mining producers." This selection was made after Mr. Carlos Hunt, SEREMI de Mineria-Region Metropolitana visited AURYN’s La Fortuna de Lampa mine. “The mining authorities expressed their satisfaction with AURYN’s operation and its high level of compliance with ESG standards.”

BB commented, after sourcing Auryn’s quarterly updates, regarding how Maurizio was noticed as someone “willing to work with the University of San Sebastian in providing externships.” Your average Junior Miners aren’t given roles or opportunities like that. That definitely sounds promising for Auryn as they continue ramping up production, imo. BB suggests that Auryn appears to have an interesting role “towards mandated environmentall responsible mining and the following of ESG protocols.” BB shared some quotes from previous updates in his post and commented on them with his educated opinion. All very reasonable possibilities.

NOTE: ENAMI recently granted Auryn Mining the Mining Register so they can now commence delivery and sales of minerals to them. According to Hurricane Rick, ENAMI may give CU credit for any gold ore processed averaging 2.5% CU or better. It’s my understanding that ENAMI may provide support to their miners because they benefit from speeding up the process, too. Could this be another financing opportunity that Auryn can take advantage of?

Baldy responded to BB’s post:

@Baldy

The concept of AUMC putting up a solar array on the mountain to charge the batteries to mechanize the mine is “thought provoking.” They don’t even have access to a grid. What happens in the winter months? How would they afford a solar array? Find another mine using this “ESG strategy.”

The ONLY reason why they are limited to a psuedo ESG friendly gravitational concnetration is because they can’t afford anything more advanced. I’d still like to understand where they are sourcing the water by the way. To make the argument that AUMC is pursuing a green mining strategy is literally proposterous.

But as the discussion progressed with more research, it turns out that other mines DO use this “ESG strategy.” And the hurdles Baldy submits about the winter months & expense are not big obstacles after all.

And finally, here’s Hulkster’s actual post where you can find the quote Baldy just used against him …

@hulkster

Well I guess you have the better scoop with the Chilean Mining authorities than Auryn with your post? That is Hilarious…

The decision was made following a visit by Mr. Carlos Hunt, SEREMI de Minería-Region Metropolitana, and Mr. Christian Orellana, Central Regional Director for SERNAGEOMIN, to AURYN’s La Fortuna de Lampa mine in the Altos de Lipangue Mining District. The mining authorities expressed their satisfaction with AURYN’s operation and its high level of compliance with ESG standards.

“It’s impressive to see the technical and financial effort in this mining project, as well as the high level of compliance with applicable ESG regulations,” said Mr. Hunt, SEREMI de Minería-Region Metropolitana.

It seems that as a very smart investor you pretend to be you simply can’t put the pieces of the puzzle together. (taste of your own poison)

Baldy, it helps to read your post that Hulkster is referring to. Perhaps you took his quote out of context?