I have to wonder.... with RCLF buying and buying..... surely they must have something good up their sleeves.
Why would they purchase all these lease territories if they didn't have an ace in the hole to provide funding.
my understanding: if you own a lease, you are required to spend a certain amount of money on it in exploration etc to maintain your right to own it.
if you fail to spend on it, you lose it and the crown takes it back and sells it to someone else.
am I off base here?
I am becoming more and more optimistic on RCLF.
GLTA