RE:RE:RE:Lone Pine Here is the part of the SEDAR report where it's mentioned.
So do they own Lone Pine still? - the verbage is as clear as mud IMO. The parties and shareholders that shelled out over $20 million in exploration in this property would probably be interested in this little detail that they seemed to just mention causually.
I don't know, maybe we are misreading it and they still own it. Like I said in my other email, good luck calling someone who will answer the phone or respond to an email to ask the company that question.
Project Summaries and Activities (Feb 5 SEDAR filing)
CANADA
Bard’s principal resource property during the three month period ended December 31, 2019 was the Lone Pine property located in British Columbia. In 2009 and 2011, the Company completed a National Instrument 43-101 compliant resource estimate and a preliminary economic assessment (“Reports”), respectively. The Reports showed favorable economic potential as an open pit mine producing Mo and Cu concentrates.
During the year ended September 30, 2019, the Company is no longer pursuing the Lone Pine property and recognized an impairment of $271,230. During the three months ended December 31, 2019, the Company incurred exploration expenditures of $8,176 which were primarily comprised of $6,000 for Lone Pine property core storage. During the comparative period ended December 31, 2018, the Company incurred exploration expenditures of $6,897 on the Lone Pine Property.
New Opportunities
The Company continues to evaluate mineral properties and is focused on deposits in Canada. Properties with economic merit and good logistics will be considered for acquisition.