AGMHi Fernand,
I was at the agm yesterday and true that normative questions are quick and we have not
any regards but thats ok.
For normative they have not appoint new member on the board cause they want to keep this place for maybe somebody like Mr Mokaddem (investor)
regarding Sleeping Giant
The mill is in dormancy for winter
They starting drilling at level 765 with 2th drill where should be great gold concentrations
miners still working on maintenance on differents galery
Everything is ready for receive mining camp ( electricity,water,etc)
Estimation for mining camp are made just need cash ( 4 000 000$ ) should not take long when ordre made
Need about 20-25 millions would like loans for start correctly the mine and they say they are optimist they would have the funding eventually
Flordin
In january they will start a new campain of drillling
I ask them why they are spending money on flordin when we need this cash for restart SG.
They said that they are really excited about the potential of Flordin. This could have potential of millions of onzes of gold. That way it help to obtain funding because you have value to your properties.
They also explain a bit how it work for buying claim, actually a neighbour of Flordin has start drilling and they also seems excited. As exemple this year they sold Jonpol for 2 millions cause they don't plan to work on this claim for couple of years. Thats why the board accept the money. So if we don't drill Flordin and the neighbour made an offer less than is real value this have to pass by the board and if they think it's good for the interest of the shareholders they will accept the money but maybe not at is best value. Actually it has the value of a cow fields.
I know it's a lot of drilling and money for that but this is why we died with Elder cause Mr Hinse stop drilling during the production of the mine and we were digging and transport rocks with no value cause we were blind.
About PP Mr Hamelin said still have paperwork to do. Cause it was not public seems to me that he could not answer clearly
About future PP did'nt say not ever so we never know
They said they have pretty good meetings in London
The market is actually in London and in the states not really Toronto
That's about it for the meeting really appreciate to meet Mr. Hamelin and Cenac
Alabou