RE: RE: RE: PGD vs. DDNI dont see anything in DDN's behaviour and communications that signals theyre putting feelers out for a JV deal. Their exploration strategy is clearly economical for the simple reason that they're quite happy doing it on their own. Also - I realize this can be seen as boilerplate language - every news release highlights their complete ownership of Amaruk. It's not necessary to repeat it over and over again but they seem quite proud of it. Theyre happy taking their time, doing things right and not burning up their money in the frantic rush of making themselves look good to a major without sober consideration of the implications. This is a well managed and focused company. Although their focus will be continually challenged if they keep finding stuff as they presently are. Potential resource overload for DDN will probably call for a major's fenced-in collaboration but right now, they probably don't need one.
Cheers,
US7