Opportunity $$ Cost / LostAre these guys falling into the Canadian way of spending/diluting so much up front that it can't ever catch up. The money spent 8 ,7 , 6, 5, 4, 3 , years ago is still accruing interest.
Approaching $1,000,000,000.00 cost and no mining permit or mill or plan. interest rate is pretty high.
How many more $100,000,000.00 seasons will it take to start mining ?
At some point the value is gone because the costs can never be made back. Is there any accountants out there watching this?
Awesome results and resource on paper but it is the dore that pays.
After the Keats was found why not start a mine? Just a small one producing 150,000oz per year that would be an easy 150,000,000.00 fcf to develope the rest of the property.
Still waiting