GREY:VGMNF - Post by User
Post by
mr46on Aug 14, 2014 9:56pm
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Post# 22844713
Eléonore royalty and Franco-Nevada
Eléonore royalty and Franco-Nevada
I'm looking forward to know how Franco-Nevada will deploy the money (500M$) . Will they target VGQ royalty on Eléonore ? We will know pretty soon! By the way, I attended the last AGM in June
and what caught my attention was about Eléonore once again..... Mr Gaumond said that in fact Goldcorp built 2 mines to develop the deposit. It will give them a lot more flexibility to produce Au.
We were being told also that Goldcorp expect to be there for the next 30 years, do they talk about Eléonore deposit, more discoveries on the huge property ( 5% of the territory have been explored) or with new discoveries from other juniors in the area ?
Goldcorp is building a 1.5km shaft under the ground while the deepest exploration result released so far is 900m deep......... What does that mean to you? As far as I'm concerned it is pretty bullish to say the least.