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Golden Predator Mining Corp. T.GPD


Primary Symbol: NTGSF

Golden Predator Mining Corp. is a well-financed gold exploration company focused on its high-grade orogenic gold-in-quartz 3 Aces Project in Canada’s Yukon. With proven management and an experienced technical team, the Company is well positioned for growth.


OTCQX:NTGSF - Post by User

Comment by easycoderon Jun 20, 2020 11:22am
227 Views
Post# 31172797

RE:pretty good review from 3 mths ago

RE:pretty good review from 3 mths agoSome salient points:-

Doesn't take into account Covid delays..

10.5 mill tons on the heaps to be reprocessed and 250,000 oz Au (from Viceroy records) - but 50% recovery anticipated or 125m oz Au (1st time I got that clear). $50m worth of existing infrastructure. $35m US anticipated financing (12 companies have signed NDAs and have access to ongoing feasibility study).  Reprocessing will start May 2021 and take 24-36 mths.

The Phase 1 gold proceeeds (125K oz)  are to be used to repay loan and complete all infrastructure for phase 2 and beyond.   So they will have all infrastructure built and they don't want to finance beyond phase 1.  


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