West Madsen Joint VentureAs many of you may know, GBR has a joint venture on the West Madsen property with GLD.
https://goldonresources.com/index.php/news/268-goldon-signs-definitive-agreement-with-great-bear-on-west-madsen-property I was unable to find anything on the GBR presentation concerning the joint venture, but have attached the news release from the GLD web site. I don't remember reading if this was previously discussed on the GBR BB or not.
Of interest, is that GBR currently holds a 2.5% NSR on the project. They are also to receive GLD shares and cash, if GLD meets certain milestones outlined in the attached link.
GLD could also buy back 1% of the NSR, leaving GBR a 1.5% NSR.
I am wondering if GBR would consider putting the West Madsen NSR in with the GBR 2% NSR?
Naturally, this would be subject to GLD having exploration success on the West Madsen joint venture.