RE:Sell Lucky Strike Project?
AlwaysLong683 wrote:
In addition to Queensway, NFG has a second project called Lucky Strike in the Kirkland Lake area.
Given the outstanding Queensway results to date and the need for more money for future Queensway drilling (which should be their sole focus in my view), I'm wondering if it would be wise for NFG to sell their Lucky Strike asset if the price is reasonable given its location is in the same area where other gold exploration / mining companies are operating.....?
Yeah I don't think NFG would get much for that property but it's an option available to them. Right now they have well over 75 million in cash which is plenty to carry out drilling for the next couple years. And based on the drill results thus far raising more money won't be a problem for these guys.