RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TmlA very disappointing turn of events which will take some time to sort out. I',m thinking
a year or so. That said, I like the long term prospects if one has the patience to stick
with it. Once Goliath is in production I can see it being merged with WRLG. That
would create a 200,000 oz producer which is a decent mid size that could grow both
internally or through more acquisitions. If it wasn't for Giustra being involved, I would
be out but he is so that makes it still interesting and eventually, I hope rewarding.
The WRL deal that Giustra made to acquire Pure Gold was an absolute steal and will
prove to be one of the best deals in recent mining history. It provides the platform for
Giustra and his group to grow exponentially in Canada. Of course it will take time
but with the track record these guys have, I have no doubt they will succeed. As long
as gold stays strong, financing won't be an issue and they have the assets under
their control now to create another Goldcorp IMO.