RE:RE:RE:RE:RE:NVO buy in of JV with ARVMillsking wrote: wwadehammer wrote: paulindoon wrote:.......I asked Dr. Hennigh about the Artemis announcement of purchasing more ground in the area near Comet Well and Radio Hill. "This ground was previously offered to us, but we were not interested because it does not have the geology we are looking for" was his answer.”
This is what I orginally thought about Novo not getting the ground. Novo has a lot more money than Artemis and would have outbid Artemis if they thought the ground was worth it. Also, Novo could have gone after a JV for the ground at the time they were snookering DL on the 36 tenement JV deal. QH might prove to be wrong but would you bet against him?
its not ebay. First you need to know who to contact . Novo does a land grab of all available tenements and your telling me he doesn't want ground in the heart of the gold play , when nuggets are getting pulled for that whole area, this is laughable . TX NO business doesn't need cash flow , your awesome with your write ups but even you know cash flow is needed. KL is a mid tier miner and shareholders to look after , it wont support a bleed like a multi billion dollar company.
I think that standard procedure would be for Novo's geologists to scope out the ground once it had been offered to them. Apparantly, the ground is not what Novo is looking for.
Maybe, the ground is more quartz laiden like Mt Oscar Wits. Gold, but not the right type.