RE:RE:RE:BamYes, we are inching closer to Dale Corman's chosen Copper value of $4.50/lb - US.
Perfect timing to meet or surpass that number by the end of the year, when the FS is released, and as being as close to shovel ready as possible.
After listening to the video this morning, the key take away from that video was WRN would like to add value to Casino by purchasing an asset. Would WRN want to purchase more ozs of gold, or lbs of copper, or buy a processing facility with not many ozs of gold?
Could that asset be "Victoria Gold" with an operating gold processing plantsite and all other required infrastructure functioning?
I was a Victoria Gold share holder for 4 years and often wondered why VG pursued building a gold production facility so soon, when they really hadn't proven many ozs of gold in the ground at the Eagle Gold Project on their Dublin Gulch property.
I have heard Victoria Gold CEO - John McConnell state recently in a video eventually VG are looking to be bought out. John indicated presently looking to provide great value to their shareholders and was focused in streamlining inefficiencies in their processing operations.
In the grand scheme of matters does that make any sense to occur? It would definitely save a Major owner time and money that eventually would control the majority interest in the Region.
As of Jan 6/21 this is what Victoria Gold reported at their Eagle Gold Project-
"Measured and Indicated Mineral Resource 3,6 million ounces of gold (180 million tonnes grading 0.63 g/t) with an industry low waste-to-ore ratio of < 1:1 and metallurgical characteristics favourable to lower-cost heap leach processing".
Comments would be appreciated.
(bb-99)