GREY:HGGOF - Post by User
Comment by
Franschoekon Dec 13, 2022 12:06pm
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Post# 35168700
RE:Next steps for 2023?
RE:Next steps for 2023?Wow, a lot to chew on. Drilling transversely is likely to underestimate block grade. Drilling longitudinally is likely to overestimate block grade. Let's assume the truth lies between.
JT is a mineable gem on its own, amplified by the options appearing in DC.
The issue for me is the Timmins properties. At first it seemed like a good idea to me....steady news flow, year round drilling. Now it's a problem. Year round expenditure required, more frequent financing in a shite market.
I suggest the Ontario properties spun out to shareholders as a separate entity. Minimize dilution of the primary entity. If any part is ripe for JV it might be Ontario. Thoughts Red?
Frans