RE:AZR news out Excellent news regarding the decision to update the PEA.
The NPV was already over $200M using much lower prices for Cu and Ag (2018).
Copper has increased to over $4/Lb recently and Silver likewise has significantly increased to $28/Oz. Another plus is that extra drilling will be included in the updated PEA.
Regarding Sunridge Gold. There was a lot of money distributed back to shareholders. Not all bad?
Sunridge Gold to return $88.7mln to shareholders from May 18 (paidpromotionalmessages.co.uk)
Gold fields was not a bad company either.
Other directors have past/present connections with the following Top Class companies:
Ivanhoe Mines Group. Metalla Royalty & Streaming Ltd. BHP-Billiton. Norilsk Nickel. Goldcorp. Rio Tinto.
I once had a bucket and spade at the beach, but I think these guys have better experience.
I suppose you can view things depending on how the information is spun.
Any company could do as badly as their weakest link or maybe they will one day become a Multi billion company.
So, I will take my chances while we are at bargain basement prices and have resources that are sure to grow over time.
The updated PEA will hopefully mean that we can raise funds at better prices. I think it will be money well spent.
GLA Sharegar.