RE:RE:Thierry overviewYou beat me to that correction .
The old mine was built in the days before government interference . Now safety and environmental standards drive costs way up. There are many km`s of underground develpoement already in place and hydro power . A big plus . A 3 compartment shaft and decline , that need to be upgraded , but are a big plus .
As for dilution , our new chairman recently bought a lot of shares and inside ownership is near 18% . That`s a lot for a mining company . I don`t think they want to dilute themselves if it`s avoidable .
I look at Thierry as a fixer upper. The best outcome is to sell it at a hefty profit to a major and that would put Bull River and Alpine on easy street . We are lucky to have Thierry but it makes no sense to try and develope it ourselves .