Great stuff, Bratty! And all of you! Thanks a million! (ounces of gold, that is).
Only quite indirectly related to the share price, but does anyone have a feel for how all this claimed property lies? I mean, you say the Timmins property is owned (outright?) so GNH can pretty well do what they wish with it.
But, what about the huge amount of claimed property which must be owned by others, as opposed to mainly Crown land in the Northern Quebec & Ontario gold camps? This part of Quebec has been settled, I presume, for hundreds of years and I would think it is largely privately owned? How would it break down, i.e.: recreational land, timber land, pasture, any crop land? This status would dictate the land value, hence have a more or less significant effect on the total cost of mine development
If the land has intrinsic value for other than mining purposes, can GNH arrange to lease it for mining purposes only? Or would they have to decide if it was worthwhile to purchase it outright?
To my mind, this is an unusual situation, not normally encountered in Canada with its vast undeveloped land areas. Not expecting anything definitive (unless this has already been covered in a book or article) but just some broad brush strokes to alert us to the dimensions of the problem, if indeed it is one.
Cheers! O.F.