Sulliden Gold Corporation Ltd T.SUE.WT

RE: Sulliden likely on a gold major's shopping lis

[knowsnothing613]

And what are the head grades @ Lagunas Norte, and Yancocha.

I was reading over the SUE presentation [1]:

Indicated Resource is 1.9M oz @ .50 g/t

That's a very low head grade. I'm not a gold expert. But I assume the pits would have to be very shallow tomake this project economical. And I wonder how high the operating costwill be.

[1] https://www.sulliden.com/Theme/Sulliden/files/110704_Sulliden%20Corporate%20Presentation_v001_w4x03q.pdf

If the head grades are similar at the other sites, then it's more likely SUE will be bought out.

But if the head grades are not at all similar, the majors will likely pass