OTCQX:GTBAF - Post by User
Post by
Goaweighon Jan 06, 2020 11:34am
224 Views
Post# 30522076
Think Detour may have paved the way, act as the model
Think Detour may have paved the way, act as the model for our future aquisition by a major although we might fetch a better price given the high grade gold component we have that Detour lacks.
" Two notable Canadian acquisitions, Detour Gold (US$3.7 billion) and Atlantic Gold (US$560 million) are both large low grade (0.90 – 1.00 g/t gold) gold systems with surface access that makes them amenable to bulk tonnage mining. In short, these resemble the LP Fault target at Dixie, except in the case of the LP Fault, there is also a significant from-surface high-grade gold endowment that these recently purchased projects generally lack. "
Hard to imagine but this equates to a $ 67.00 share price for GBR.
Great presentation and thanks Cedarcottage for posting it.