Potential next target by KDX from Waterton?Chaparral’s Nevada goldmines were purchased by Waterton in 2015.
Could this be the next acquisition by KDX. Waterton appears to be a feeder, but not a long term operator, of gold mines.
Does anyone know whether these properties are close to KDX’s Nevada Mines?
https://www.watertonglobal.com/waterton-to-complete-acquisition-of-chaparral-gold-for-c0-61-per-share-goldrock-assigns-its-rights-under-arrangement/ https://www.proactiveinvestors.com/companies/news/115302/chaparral-gold-soars-on-acceptance-of-sweetened-bid-by-goldrock-waterton-115302.html About Chaparral Chaparral is a Nevada-focused precious metals company actively permitting the 100%-owned Gemfield deposit at the Goldfield property in central Nevada. In addition to the Goldfield property, Chaparral holds a 100% interest in the Converse property, also located in Nevada.
Chaparral's key assets include the Goldfield property in southwestern Nevada, which has 1.34 million ounces of measured and indicated gold resources, plus another 382,000 in the inferred category. It also owns the Converse property in northcentral Nevada, which has about 2.2 million ounces of recoverable gold and 8.5 million ounces of silver, according to a 2011 estimate.