goldhunter11 wrote: Reachme,
You are correct. That was what I heard as well.
- At around 17:05, ES talked about Tudor and a potential resources of 10-20Moz. Teuton was briefly mentioned.
- FVL(Starting at around 20:01): ES is confortable with FVL (as well as WM) even though there is a lack of assays results. He had a chat with Management and and feel conformtable with the situation (some of our fellow posters have also talked to FVL and was told the same story about delays at the labs...for everybody, not only FVL). ES still maintained that FVL has a good chance to move from the current RE (6.5Moz) to 10Moz easily, and investor can confortably buy in at current price with the current RE (Side note: ES could not buy anymore shares, since he has maxed out).
Greg H. chimed in with a question for folks south of the border with respect to drilling in Alaska when it's cold and dark up there. ES said that FVL can drill year round. In fact, in some properties elsewhere (e.g. swampy areas) companies would drill in the winter time when the ground is frozen solid (easier to move rigs around, and their platforms don't sink in soft grounds. He noted also that FVL property is only 25 miles by car from Fairbanks (the second largest city in Alaska).
Enjoy the dialogue between Master Po and yound student in "Patience Young Grasshopper", link below
https://www.youtube.com/watch?v=gbNCBVzPYak
Bottom line, ES does not lose any sleep over the current delays at the labs.
GH11
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Reachme wrote: Teakbois wrote: When Sprott mentioned an additional ten million ounces he was not talking about FVL. He was taling about Tudor Gold.
If you listen from 20:15 to 20:37 (it's 22 seconds) it's all about Freegold and the 10M onces