RE:RE:RENAISSANCE GOLD'S SILICON PROJECT COMMENTED ON BY ANGLOGOLDNo clue on the market, suspect it moved up and the shorts came back in. Things are probably on hold until Anglo starts showing their hand.
I have been told Anglo have been drilling down to 2,200ft and hit visible gold several times over multiple veins. There is no reporting requirement for Anglo because the results relative to their overall cap would be insignificant. Anglo has also increased the size of the Silicon land package. Anglo are holding their cards tight now with a little leak on their intentions. The wait now probably is Anglo drilling (which is happening around the clock) to getting a picture of whats on the Silicon property and how it fits/combines with Corvus. I'm sure Anglo wants to avoid competing bids and Coeurs is probably looking at it on the cheap again. Anglo and Coeurs surround Corvus are there any other competing biders that could come to the table? Bigger company willing to go after all of these properties?