Re: The "Headline" will be...
in response to
by
posted on
Apr 05, 2012 09:48PM
BurningRoF
Thanks for the information.
re: "Production is forecast to commence in 2016, averaging ~260koz gold per year over a 12-year mine life." I believe the Goldex Mine at the time of closure was producing 180,000 ounces plus. I believe they also indicated that the mine's life was 12 years. It seems to me that Agnico Eagle would be very interested in our resource if a low ball bid came in for othecompany. If Agnico acquired us, this would automatically cancel future payments for them on the 5% royalty. And how about BC? That would be a giant first step in supplying cash for the developement of Borden Lake.Whatever the plan is to size down our share price, this person or persons have lost their compass.