GREY:VITFF - Post by User
Comment by
NickelOneon Jan 30, 2019 7:17am
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Post# 29294581
RE:RE:Santa Fe property and Barrick Gold
RE:RE:Santa Fe property and Barrick GoldOCB1234 wrote: VIT will never drill Santa Fe again. I could see them possibly using the property as a sweetner if they agree to a take out after Eagle is in production and the Raven target gets proven out as a future second asset 12 - 18 months from now. But all of a sudden drilling Santa Fe when there has been absolutely no mention of it as a future drill target for nine years now, no way.
I am positive VIT will drill Santa Fe as soon as they start generating cash flow at Eagle and pay down some of the debt (2021-2022). Raven looks great, but Santa Fe drill results are definitely something one cannot ignore.