PDAC spoke to the boys at Oromin yesterday at the PDAC conference
they estimate they have enough money on hand to go another 12-18 months.
cash burn at the camp is about 150,000 monthly
Sole purpose of management seems to be to get this property sold.
Although TGZ would be the most logical choice I think they are very far apart in price
They would not commit as to whether there are any other interested parties.
Nothing to do but sit and wait.
Hopefully Senecal will put some pressure on both sides to get a deal done.
It would be better for their mining Industry if this were to happen.
here's hoping
trying to be more optomistic than PG seemed in his last letter