RE:RE:RE:esjv news???They shouldn't have to, but nothing would surprise me.
They had 10.3 million in cash as of December last year courtesy mostly of the DV sale. From my understanding, since ESJV is a 50/50 JV, Newmont would match the dollars put into ESJV, so $4 million put into drilling at ESJV should get them approximately the same amount of drilling at Eau Claire. If they couldn't manage to pay salaries and corporate expenses with the rest of the 6 million for the next two years, then we have a bigger set of problems.
I really don't think there are any serious plans for ESJV right now though based on the interview I just watched a few days ago below. When asked what else besides Percival and Eau Claire is planned for this year, all he mentions are the additional anomalies identified on the Eau Claire property.
The Best Positioned Gold Explorer When it Comes to Access to Capital: Fury Gold Mines (TSX: FURY) - YouTube