RE:Yah. M.s.So I did some comparisons.
Bwcg has mine ready bulk high grade nib deposit with large upside.
Tml has op and ug close together..
Bwcg has about 100 sq. K of land next to two high grade mines.
Tml has 300 plus sq. K. Surrounds ng 3 high grade golf deposits.
Bwcg has partners studying the small kitsault permitted mill.
Tml owns the on site mill at Goliath.
So tml has about 3 that mes land package with much less to coloration cost.
The mill would likely b 500 million replacement cost.
They r in the midst of feasibility study and final permitting for ug deposit.
So the deal is probably very fair.
My concern is sp. A lender is going to want a higher sp. They will need 200 million minimum to develop ug and restart mill.
Price of gold and copper is everything.
Nf