RE:RE:RE:RE:RE:RE:RE:RE:No Problem to Fund This ProjectSumitumo is an absolutly huge company. Money/cash is not a problem. Lets see how this plays out.
TLG has existing infrastructure that lets you hit the road running when it comes to construction activities. An upgrade here and there will not be an issue. Permited tailings pond is a major plus for any company along with power lines complete with substation, operating consruction camp, roads already built and all of this has been maintained very well by TLG. Quebec government is basically all in.
Sumitumo has the high grade ore for quick payback and they have a pile of money and experience in mining. Teaming with TLG removes a pile of hoop jumping for Sumitumo if they try and build their own mine.
A marrige made in heaven I'd say. Gold going up just sweetens the package.