GREY:HGGOF - Post by User
Comment by
goldenriviton Dec 01, 2022 6:59am
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Post# 35142124
RE:As I said
RE:As I saidAEM heeds a replacement for its most profitable VMS Quebec mine in its stable.AEM fully understands that HIGH is on to a very large VMS system.I would like to see HIGH spin off its other properties in the form of a dividend to current shraholders as AEM might move to take over HIGH after the 2022 season results confirm that HIGH has only sctatched the surface in Alaska.AEM is also aware that the Native population is strongly behind mining JT.That is the biggest road block to building a mine in most other parts of the world that HIGH has already cleared.10gt with social licence is HUGE and a motive to buy out the prize.Gold Corp bought out the coffee deposit in the Yukon with indicated resource of 2 million oz grading 2gt for $550 million.
2 million oz 10gt sitting on the colliding Pacific/North American plate boundry is a drop in the bucket to the endowment of continuity of ore HIGH has stumbled on.Putting a tunnel to mine it is just as good as an open pit operation and mining cost might be only $500 oz making JT one of the worlds highest IRR mines.