RE:RE:Good Post on StocktwatsThanks Bushmills
Great info; I had no idea that Hunter Dickinson launched Detour Gold. I have a friend who is a mining engineer with Detour and I doubled almost tripled on an investment back in 2014 when the CEO resigned and the stock was $5. I sold at $12 and it went to $23 + Detour saved my bacon on a huge loss with Goldcorp. A very interesting tidbit that HDI was initially involved with Detour Gold. Detour is a fantastic 20 year deposit.
HDI launched Detour Gold Corporation as an initial public offering on the Toronto Stock Exchange in February 2007. The company became independent over the following 18 months, as it focused on advancing the development of its flagship Detour Lake Project. With initial open pit proven and probable reserves of 15.6 million oz of gold (470 million tonnes grading 1.03 g/t at a 0.5 g/t cutoff), the mine, which reached commercial production in 2013, is expected to produce an average of 650,000 oz per year over a mine life of 20+ years.