GREY:ALXDF - Post by User
Comment by
goldhunter11on Feb 27, 2018 3:01pm
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Post# 27630841
RE:RE:RE:Visualizing the Impact of Resource Size and Grade at Orenada
RE:RE:RE:Visualizing the Impact of Resource Size and Grade at OrenadaNP,
The twins were firmly committed to sell to ELD. The PEA was done perhaps as a stack of paper for ELD to wave to shareholders (just in case somebody asks).
ELD did not need financing, since most of the ELD offer was in shares. Also, ELD has enough cash to do further exploration and preparation work to bring Triangle into production (they did not have to go to a bank begging for money, no BFS required).
GH
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NextPhase wrote: GH,
Integra Gold Corp. created their PEA with only 2 million ounces. Is it your opinion they shouldn't have done this?
Thanks,
NP