RE:Royal Gold's Red Lake - High Grade Gold Capital of the WorldIf you've followed the rubicon story I believe Royal has already written down or is going to write down their 50 million us$ investment in the rubicon fiasco.
i expect Royal will be a little reticent to bang down the bucks on the table in this area without proper pre feasibility and feasibility studies as to the character of deposits in the area.. Rubicon is a prime example how exuberance can get out of hand. I was and still am a holder of rubicon for better or worse now.