Long road ahead for WHN This is eventually going to pay off but it will be at least a couple of years before they can think about a mine and that's only if there's a change in the federal government. Trying to permit a mine right now would be at least a ten year ordeal costing millions and there's no guarantee of it happening. The political climate right now is terrible for getting anything like this approved. The environmental movement will drag this out in the courts for years even if they did get a permit. With our current federal government and provincial government I foresee great difficulty. It will be two more years until the next election and if there isn't a change in the federal government it will be another 4 years.
This is the reality right now. One company spent a billion dollars trying to get an oil sands project approved in Alberta and finally gave up because they just couldn't see a way to get an approval. Imagine spending a billion dollars and not having shovels in the ground while looking at spending even more. Im sure management knows what they are facing and any large company that might buy this out will hold off until they see some change in the government.
mom sure they will keep exploring and that there is plenty of gold yet to be found and will stay for the long haul but it's a two year minimum before they can get to work making a mine a reality.