OTCQX:GTBAF - Post by User
Comment by
Dixielandon Jul 11, 2021 11:29am
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Post# 33527647
RE:RE:RE:Potential Suitors.
RE:RE:RE:Potential Suitors.the maiden resource will show anywher from 5-10M oz. Tip of the iceberg . The amount of gold in this district play is well north of 20M Oz. And all the majors know this. The issue is that there will NOT be enough time to prove that up with in fill drilling. that's why the step outs to show this actually has potential to go 11+KM for LP fault and then Dixie and Hinge.
This area could be in production for 50+ years. The open pit potential is a real bonus sweetener making this really economic.
ALL the majors know this
The only way WE / Mgmt get value north of $40-50 is with a bidding war between them !!!! That's the play.
who make the first move and when is anybody's guess
hang tight.