RE:RE:RE:Here is another oneRemember Sooner, RIO is looking at the basics: Can they confirm the deposit size and grades at Casino as advertised? Check. Can they confirm the metallurgy and that the milestones for permitting are clear and unambiguous? Check.
What is 30 million ounce equivalent of gold worth over a projected 50 year mine life? Obviously well north of a billion dollars USD. Where the BoD and RIO are comfortable meeting in the middle is what we should find out before the end of the year.
Actually, with the expected increase to the resource after last year's drill campaign, we will be talking 30+ million ounce gold equivalent resource. Kinda rare air up at these levels, not too many others to be found as comparables. The only junior with a gold project in a safe jurisdiction that is larger than Casino is Seabridge, and mind you the market cap for Seabridge almost disqualifies them as a junior.