RE:RE:Why?Ridge: Thanks for your comments. I think Marathon and Treasury metals are both excellent projects. I like Treasury more because the stock is cheaper by half; the project is futher along offering more certainty. From Treasury Fact Sheet:
NEAR-TERM PRODUCTION VISIBILITY Treasury Metals is permitting for production of its 10+ year open-pit and underground gold mine. Subsequent underground operations will be developed in the latter years of mine life and will be funded from the project’s initial cash flow. The project has a $306M after-tax NPV5%, 25% IRR using $1,225 gold. Avg. diluted UG grade of 4.99 g/t Au Eq1 .
But I sincerely wish Marathon shareholders the very best. I like Marathon a lot. I may buy again, probably after the Bankable Feasibility study. I recall the Gold Corp bought Kaminak after its Feasibility Study. All the best. . .