RE:RE:RE:RE:RE:RE:RE:What's needed mostWow ! B4 my time there stu ! 2004 , not even investing at that time . But hey.....
The $ 80 , 000 sure was cheap . Now add a ZERO ,$ 800 , 000 and BIG JOHN gets another steal deal!
heystupid wrote: Roosen is an interesting guy with a story. For him and his buddies to complete and compete Urban Barry they need 11 million ounces and a mill. Wonder where they could get those types of numbers ? Fruit, you know ? ..hahahaha ... They sure like to get things cheap ..but sometimes ya just gotta pay.
This from an old article on Malartic ..in case we could have shareholders interested in the read...?
Mr. Roosen and his business partners John Burzynski and Bob Wares bought the Canadian Malartic property in a bankruptcy auction in 2004 for the laughably cheap price of $80,000. They re-imagined the old deposit as a large, low-grade open pit, and ended up identifying nine million ounces of reserves and more than 11 million ounces including resources.