Ryan Gold Corp V.RYG

Food for thought

[sevenseas]

Is that $2 million from flow through cash that must be spent by year end? If this year's results in the Yukon looked good - would that not have been added to the Yukon budget....

Does anyone have perspective on how much cash spent on exploration this year so far?

[bob4977]

If you go back over their news releases You would have found that they originally planned a 6000 meter drill campaign at Ida Oro. They ended up drilling about 7500 meters. They originally forecast about  $10-12 million. With the extra 1500 meters drilling, that would be about $3 million. That puts their cash spent on exploration in the $13-15 milion range. They needed to spend $15 million so