RE:RE:RE:I asked CK why not just buy the mill outright? His answer Basically , Colin just said that they will acquire MAE.
They have to.
Do you really think that MAE will forego hundreds of millions in their own gold production revenues just to toll NFG ore ?
HD is one of the highest grade open pit deposits in the world , very low cash costs , with strong exploration upside.
Further, Bellevue Gold, a $1.7 billion company has its Pointer Dog already in the region, looking for PMs and VMS deposits .
Point Rousse Mill ,1 km from its Ming mine , offers substantial operating benefits compared to trucking Ming ore 49 km to its 1400 tod Nugget Pond mill , and than it's copper concentrate another 140 km to Goodyears Cove when it could be the Point Rouse Deep water port and storage.
Its going to get very interesting on the Baie Verte Peninsula..