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American Bonanza Gold Corp ABGFF

Metals & Mining Gold


GREY:ABGFF - Post by User

American Bonanza Gold Corp > no details
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Comment by materialsgirlon Apr 12, 2011 12:02pm
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Post# 18419319

RE: RE: RE: no details

RE: RE: RE: no details
I do not know if Barrick has a formal standard but it is mostly interested in a mine where they can produce 500,000 ounces per year for a long time.   They cannot be bothered with resources of 2 million ounces or less.  By selling little assets they simplify life for their real estate guys and collect some money and later earn a royalty.

On the other hand BZA is suitably structured and managed for a small mine
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