RE:RE:RE:RE:Temex - Whitney & Goldcorp fundingSorry Curvature, but I don't agree:
Goldcorp decision is not only related to Whitney, but with other partnerships also. As I understand it, GC hasn't updated this strategical financial decision yet. That's why it takes some times for Temex to get an answer on the new program also. No much drilling is needed now for Whithney in order to go forward, except for the purpose of the PEA/avanced exploration program.
In the 2nd quarter MD&A of Goldcorp:
In light of the decrease in metals prices, the Company is reviewing its short-term operating plans with a focus on improving operating cash flow through optimal mine planning in a lower cost price environment, cost containment, and maximizing returns on capital employed. Reductions and deferrals at mines and projects have been implemented effective as of July 16,
That's how Temex got these 537'000$ impairment which are not related to drill results.
Cheers,