OTCQB:GTAGF - Post by User
Comment by
malloney25on Jul 15, 2008 6:12pm
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Post# 15295819
RE: aquilon the only project
RE: aquilon the only project@ survivor
"I think they should sell the silver property to concentrate on the gold project"
With all due respect, but are you nuts pal? The ECU JV is GOG's life insurance. Delivering one good drill result after the other and with ECU adding more metal all the time on their own lands it can only be a matter of time before a multi-million silver ounce production is being started by ECU. What do you think is going to happen to the JV property, all drilled up and ready to go, once ECU kick off commercial production only 6 kilometers away?
I betcha if GOG wanted they could sell their part of the JV to ECU any day right now for not much less than what GOG in total is worth on the market today.
GOG have completely fulfilled their spending obligations under the JV agreement. So basically we can relax and enjoy further drill results coming in. The Canadian gold projects are the icing on the cake.
Wether or not the market in the short run will fully understand GOG is another question.
@ jonhandsome
"Vision behind the project" eh? Well next time you talk to Carrier please use the opportunity to let him educate you on the Mexican situation. He will gladly confirm to you once and for all that there is no ECU buyout right of GOG's JV share.