GREY:GDPEF - Post by User
Comment by
damianchosenoneon Feb 25, 2019 3:50pm
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Post# 29410816
RE:RE:RE:RE:RE:RE:RE:Gibson Conversation
RE:RE:RE:RE:RE:RE:RE:Gibson ConversationWhat is too much and what is too little? Dufferin cost 12 million Canadian to acquire in 2016. There has been substantial work done since and there is definitely a mineable resource there. The all in costs are good and it will be quite profitable. The sentiment in the gold market is also up from 2 years ago and there are once again more m&a's and more financings. If it is a boxing day or black Friday sale then 40 percent off is a good deal and add in higher price of gold and 3 to 4 million for development and mill and equipment upgrades. Also, add in a few million for gold in tailings and in stopes.