Post by
Iveybiz79 on Oct 16, 2019 8:55am
Institutional buying shortly : From GBR's Twitter yesterday
Very successful day of meetings in Toronto today including BMO Capital Markets, CIBC, Haywood & RBC Capital Markets among others! Next up New York and then onto Atlanta.
Comment by
Goaweigh on Oct 16, 2019 10:13am
Lining up a debt facility for our eventual buyout of Newmonts Red Lake operations. We are going to need those facilities to process our Malartic type ore body.
Comment by
Goaweigh on Oct 16, 2019 11:12am
Interesting but I think it's a VMS type deposit so a bit differant No ? Although didn't Noranda find some base metals 8 KM's further south. Can you elaborate on this ?
Comment by
diabase1 on Oct 16, 2019 11:31am
Goaweigh: I don't have all the details but, GBR has felsic tuffs, not sure if GBR has reported any base metals in their assay releases and I think it was Newmont that reported copper and zinc to the southeast, along the LP Fault. I'll dig into the data a bit more.
Comment by
Goaweigh on Oct 16, 2019 12:33pm
No problem, think we've referred to Cadillac as a look a like on numerous occasions and the pits dotted along what I believe is a fault is exactly what I expect GBR's mine plan will look like in a couple of years. Of course it will be 20 or 30 pits dotted along 18,000 meters of strike but still that LaRonde map is a good representation albeit on a micro scale. Thanks for posting it.