RE:RE:CNC Acquires Past Producing High Grade Texmont Nickel MineEndzone, one of the cases that we agree
What's that old saying "The Best Place to Find Gold is where its been found before".
If this is a historical producing mine, then what is the permitting required to bring it back into production?
Placer Dome Walked away and decomissioned Detour Lake. Then Kirkland Lake went in decades later to start producing again. Kind of ironic. Similar when Canada sold its Chinook Helocopters in the 1990's, disbanded 450 Squadron, then 20 years later, buys new Chinooks, reactivates 450 Squadron and has to spend 2 Billion to rebuild the ifrastructure to support them.
Still, if this is high grade cheddar, if it can be brought online quickly, it will give the cash flow required to finance the CAPEX at Crawford.