GREY:NATUF - Post by User
Comment by
ruminatingon Aug 16, 2012 4:06pm
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Post# 20226524
RE: Wake up...
RE: Wake up... Not for NTC.... but GTP is doing ok, now that people have read their latest NR and digested the implications.
No rush...
Just thought I'd pass along a recent news item I came across... relates to development in the North in general and Norman Wells is given as an example....significant is that Norman Well lies at the end of the Canol Road which runs by the MacTung property on which, Silver Predator, Colorado Resources are defining resources and Hudbay's Tom and Jason deposits are located. Right now the debate is whether to open up the road to development based solely on Mactung. Soon the debate will shift to when and how this develpment will occur, not because of Mactung but because of the other resources that lie along this "Canol Corridor". The implication for NTC is, of course, much lower operating costs when the infrastructure (hiway, electicity and potentially gas/oil) run right past their front yard.
https://www.cbc.ca/news/politics/story/2012/08/12/north-nwt-oil-prospect.html