OTCPK:HCGI - Post by User
Comment by
JRaffleson Feb 06, 2017 10:49am
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Post# 25804257
RE:RE:RE:If I was Tony ....
RE:RE:RE:If I was Tony ....
Wesdome's Middlmiss has ecellent mining credentials. in 2002 he was closely involved in the development of the Macassa mine, before it was aquired by KL. Also as CEO of St Andrews Goldfields, he steered the merger with KL, but subesequently moved on to Wesdome.
Just as he is settled with Wesdome, would he welcome being taken over again by KL? If it could be demonstrated to KL that the Kiena mine could contain 1m + ounces of hi-grade gold ounces, then there will be an adequate supply of mining engineering expertise in both companies to exploit this.
With 45000 metres of drilling at the Kiena complex in 2017, the timing of an approach would have to be seen to be positive for both sets of shareholders.