OTCQX:FSXLF - Post by User
Comment by
Linemineron Nov 29, 2020 8:49pm
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Post# 31998011
RE:RE:RE:RE:RE:RE:KL and Novo
RE:RE:RE:RE:RE:RE:KL and NovoSavin - exactly ! KL took a mediocre mine and under new analysis, drilled deeper - and now have the world's cheapest AISC - very rich asset ! As a JV for FSX - they provide $$ - understanding of the geology and have an adjacent LOM benefit - earn in at 40% ??? - all expenses paid exploration - and FSX - having overview with no $$ spent on Lauriston becomes even more $$$ ready to move forward the eastern Victoria projects which sound more "greenfield" and exciting! Sounds like Rob McEwen - Goldcorp and the Dickenson mine vs the Campbell/Red Lake mine in the 1980s! If Rob is invested in FSX that's a positive - Bryan might ask his opinion ?? On JVs and percentage "give- ups" in a JV agreement. The wider we explore the web of knowledge - the more we prosper - I love explorers - " if you're not living on the edge - you're taking up too much space" Ciao