OTCQX:CGTFF - Post by User
Comment by
ukermannon Jan 29, 2017 4:46pm
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Post# 25770082
RE:Add to the Speculation
RE:Add to the SpeculationYou raise a lot of good points here, but I doubt if Nordgold would leave themselves so "open" after coming this far and looking at the potential return on their investment for their work to date. I would think that the BFS that I believe is due by March 1, is basically ready, and if what you're suggesting is true, they could lose it all by not filing it at once. As for Nevada, if a deal went down for everything, I'm sure they (Barrick/Newmont/Kinross) would hold a major share of the spin-out company, and let some Jr continue to explore. Look at deal Barrick had/has with Nu-Legacy. Ready to pounce on the ounce, once it's proven up. Should be an interesting next 5 weeks....