RE:RE:Kinross Trying to Recoup some losses ?Agreed - that WGO likely needed it. Market cap cart might have been far of the asset horse - given the amount of work already done on many properties and possibly (?) progressively lower tier targets being tested. I believe the deal also has Kinross' advance royalty payments (to Shawn Ryan or related company ?) being assumed over by WGO. Not sure if that's correct, though.
Maybe Kinross needs some work done to keep some claims in good standing - if that's how mineral tenure works in the Yukon. Been a while since work was done. We might get an idea if WGO reveals both the work already done in the past (positive and negative results) and what remaining targets there are. Will also be interesting to see how results are presented going forward.