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Bullboard - Stock Discussion Forum Reunion Gold Corp V.RGD

Alternate Symbol(s):  RGDFF

Metals & Mining Gold
Reunion Gold Corporation is a Canada-based gold explorer in the Guiana Shield, South America. The Company is primarily engaged in the acquisition, exploration and development of gold mineral properties in the Guiana Shield region in South America. The Company’s flagship project is its 100%-owned Oko West Project located in Guyana. The Company also has an interest in other gold exploration... see more

TSXV:RGD - Post Discussion

Reunion Gold Corp > ABX may get up to 70% ??
View:
Post by zzstocks70 on Feb 19, 2023 7:35pm

ABX may get up to 70% ??

Is this what they are trying to get?  70% of the deposit?  The RGD shareholders would end up owning 30% ?  Is that correct?
Comment by CanInvestor1955 on Feb 26, 2023 11:56pm
No, ABX gets nothing.  They passed on the OKO project almost 3 years ago.  The law suit doesn't even argue this.  ABX just wants to make sure it can get 50% of all the other projects that Reunion has (none of which are yet factored into  the stock price) if ABX pays for all the costs - ABX made a horrendous blunder in 2020 by passing on OKO 
Reunion Gold Corp