OTCQX:GTBAF - Post by User
Post by
tarsandson Nov 18, 2019 11:57am
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Post# 30364890
Sept 17th 2019 Tom Palmer said
Sept 17th 2019 Tom Palmer said
On Tuesday, Palmer said the company was forging ahead with its planned sale of Red Lake, a former Goldcorp asset, and has fielded interest from about a dozen parties.
He also said any additional sales would only come after careful study, and Newmont was ready to do more work to understand what value can be “extracted” from the assets.
Interest from 12 parties?
I wonder how many interested parties are in GBR"s data room scouring over the data thus far drilled.
Also heard they may have up too 10 rigs on site drilling away, because they want some kinda resource for the ????? prospective buyers of maybe Red Lake mine.
I mean it would be a partnership made in heaven if GBR had all the flashy data too back up a resource when Red Lake might be on its last 10 years or less of life of mine.
They will need more reserves too keep all of that infastructure going. Hence a 2% NSR spun out soon!
This guy is one smart cookie monster!