This is great news that validates that Lynn Lake can be put into production with a low capex and have some nice production numbers and be very profitable.
With these results begs the question do we really want to give 10% of this project to NKL.
Not to mention giving 10% of Wellgreen away.
David Morgan said Wellgreen could host up to 7M ozs of Platinum.
Do your own math on how much that is worth. I know what I come up with using very conservative numbers and I will just say that few people understand the worth of these properties.
Facts speak louder than Hype and when you go on the website of NKL all you read is them talking about us. With no work done on the property to brag about what makes them deserving of everything we are bringing to the table?
Something to think about!!
And what do we get for 10% of the Canadian properties???
a moose pasture with a strategic location and no assays to prove otherwise.
So we want to spin out these properties that are given no value in the current share price... Great Idea...
But why spin these assets out into a vehicle where the current shareholders will lose 10% of the value???