RE:RE:RE:RE:RE:Get Ready For The Offer Great Bear TO price is too low to be even a floor.
Those grades are several multiples below those of QWN and in gold mining, grade is the most important financial driver of price , with number of ounces second.
It will also cost them a small fortune to build that mine in the Red Lake District .
All NFG has to do is effect its takeover of Maritime and voila it has 750,000 tons per year of milling capacity , easily paid for by cash flows from Maritime's high grade HD open pit mine, and those profits protected by Maritime's foreward tax loss pools.
Colin has this habit of being called very very lucky .....some say...or makes his good luck as others like myself say,,