RE:RE:RE:RE:There will be a overtake.thats just speculation, majors want to see the hard number facts. IIR at current gold prices is less than 10% I believe. yes the CAD is weak, but there is still a risk the CAD strengthens they like the usd price. that being said I totally believe the CAD gold price is never going below $1500. My whole point in all of this is there are better projects on the market they will get bought first. majors are risk adverse they got punished hard last 5 years and are very very cautious.
I'm still a big bull on spa, its an optionality play for me. bc of its poor economics it fell to a 2M market cap during the bear market because after all gold was heading to $800 and staying there right!