RE:RE:RE:RE:RE:RE:RE:RE:RE:(BN) Copper Boom Is Just Beginning for the CEO of Gold GiantCEO Tom Palmer is going to need some peanuts to feed his new white elephant project.
Obviously, he wasn't communicating with the FN's group regarding the GT Gold project concerns, before jumping into purchasing the property, something was deficient!
It sounds now, like Newmont is backed into a corner and the only way out is with $.
It doesn't look good, and the FN's group will have the final say whether the mine is a Go, or a No Go. I don't blame the FN's Group not wanting a mine infringing on their Commu
IMO, the Casino mine value keeps increasing, as we march towards completing the
PEA- economics and the FS documents. With the increasing prices for copper and gold in the next year, I like our chances to maximize our share price in a Casino sale.
I will go out on the limb and state, our share value is going to be better than what was negotiated for the Western Silver sale. It appears to me we are in control of our destiny, from the drivers seat!
To quote Dale from a recent video, "we will not mine Casino, as we do not have the staff or resources to do so", and "we will have Casino as shovel ready as possible, prior to the sale".
To date, I don't believe Dale's comments have changed and we have already achieved his copper sale price of $4.50US/lb.
Listen to his message, as he speaks for the HNW Investors Group who control 48% of WRN ownership.
My prediction, Q1-2022 Casino sale is a done deal after FS is released.
Newmont will pursue "Permitting" with YESAB on their own.
Have a great day. Cheers!
(bb-99)