RE:RE:RE:RE:RE:positive news I'm still doing my research. The issue I have is they need lots of cash or a company like Franco Nevada or other large streaming corporation to fund further exploration if warranted. $25 million would help.
I just don't expect that to happen unless they can show a solid proven resource. This won't be cheap and they need a firm amount of proven 43-101 resource not just inferred. It looks good on cores and the process they have in the lab sounds intriguing but I find little information on it other then the SGS lab testing which say it is viable, but on what scale is yet to be proven in operation or perhaps a contract basses. They need cash and that's the bottom line the approximately 6 million in the pot will dry up next year so look for a share offering with flow through. Nothing wrong with that although some see dilution but to get to producing from the Castle Mine site and using their lab facility would go a long way to attract deep pockets for funding.
I'll keep this on my watchlist for a future share stock offering. Q-4 should be out in the coming weeks? Just my take on it and Best Regards!