OTCQX:QEXGF - Post by User
Comment by
jfan22on Mar 30, 2022 2:03pm
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Post# 34559827
RE:RE:RE:RE:news out - Skeena acquisition
RE:RE:RE:RE:news out - Skeena acquisitionYep, that would have been nice but there was a reason they didn't. Likely the reason is it was >$250/m (I discussed that number with Tony on the phone) to drill and they needed to go deep like GTT did (>1000m). We simply didn't have the money to risk like that type of campaign.
Castle/Saddle needed to be interpreted together to increase the chances of hits or progressed by someone who doesn't rely on dilutive financing.
Maybe if Inel resource excited the market and the SP went higher it would have been an option.