ANOTHER IDEAContinuation of former post -
Every junior's wish is to ( prove up ) and sell the resource without the headache of - mining it.
Second wish - receive the highest dollar value for - in situ gold oz.
What helps in receving the highest dollar value ?
Near surface gold oz.
High grade gold - provides a buffer when it comes to extraction or spot gold price flucutations.
What's a good price for in situ gold ?
Based on former purchases - $250/oz is pretty darn good ( top end )
It's how to get that dollar value in these suppressed markets.
Most all ( up n comings ) are cashed strapped.
Total grid lock in markets - financiers are leary of, dishing out the capital.
Suppose Forrtune spun out a new - sub company.
Strictly for funding the, Nico.
But also to purchase - near surface gold ounces - rovers.
Rover recieves - 10,000,000 mil shares @ say.... $0.50 cents ( bonus shares )
Fortune - agrees to buy ( hypo ) 85,000 oz
Fortune - agrees ot pay $250/oz
Fortune - would be responsible to mine the gold - all costs.
Fortune - might stand to profit - ( $1,750 spot - 600 run cost - 250 rover = $1,100 )
Fortune - 85,000 oz x 1,100 / = $93,500,000 / cdn
Rover - creates contingency - if Fortune fails - gold claims revert back to - Rover.
Rover - $250 x 85,000 = $21,250,000 / cdn + 10,000,000 mil shares in Fortunes new spin out.
( shares exercisable immediately upon spinout to assist with - Indian Lake )
- hypothetical collaboration - perhaps a silly idea... but then again, maybe not.
might allow Fortune to fund thier Nico project with less dilution - less dependency on financiers.
Again...
Just ideas...( in no way is this post investment advice ) kindly do your own DD.
Junior space is incredibly hard.
I'm merely trying to figure a plausable plan in which assists the two juniors.
Sometimes it takes collaboration ( BETWEEN 2 ) to make things happen.
Especially remote projects - and well, Fortune seems to have more clout - more advanced - and
has jumped through several hoops with first nations and environmental - they might be able
to fast track another nearby project - all the quicker if one project ( rovers) ( potentially had a tie in by way of, funding Nico = making both projects one and the same - or - two phase process.
Again...
not investment advice.
Just me being me... love researching mineral projects.
And... it rained like hell for a few days...
Nothing else to do...lol
If Rover doesn't like this post.
By all means... permission to scrub it.
That's all i have.
I closed out mega windows of reseach.
Eyes are worn out.
Those historical PDF files with multiple hundreds of pages - are wicked on the eyes.
Ugh....
If Rover also assays for potential - secondary minerals - hey, i'll be happy.
Cheers...