RE: What NowI just phoned the company. According to them, any agreements between Placer and their JV partners will have to be honoured so drilling will proceed on S. Lone Mtn. as per agreement.
In the meantime Barrick will sit down and review all their exploration projects and decide which ones to proceed with in the medium term. I don't think the sale of Placer changes anything for us as, like before, drill results will determine our success in Nevada.
The drill is still sitting on the property and drilling will start up again in early January and like before - everything depends on the results. If they are good we'll be likely JVed with the worlds largest gold producer which would have a certain cache in itself.