arudra17, thanks for posting on yesterday's conference. It was a good listen, and I know we are all hungry for any up-to-date word.
Here's a few lines that come to mind:
“…the royalties they’re talking about is re-introducing the old 3% msr . That is certainly something we can live with…”
“…more of a 3 than a 5 year (to get into production)…”
Q: The mineralization is faulted off, so where’s the other half of the deposit?
A: “…at first (Sillitoe) thought it was faulted off at the north and we concurred and drilled to the north but didn’t find it. Then he thought it might have gone south so we drilled it off and didn’t find it. Now we think it’s gone deep (chuckles) and we have a larger rig drilling those holes right now…..We have great hopes for the western block.”