I like Dundee, but can someone explain the Timok mystery?On Chelopech Mine, that and Timok are somewhat confusing. I was in Nevsun years ago, which had Timok. There was an upper and lower deposit. I see reports that Dundee owns 100% of Timok, yet no Timok is mentioned on Dundee site? So is Chelopech the upper or lower or all of Timok? Thanks in advance.
If Timok is in operation it would help explain Dundee's high profit, Timok was very rich, but I am not clear as to what happened to Timok and whether the name was changed?
"In the fourth quarter of 2023, we were granted two new exploration licenses covering the area hosting the Timok Gold Project. " That makes it sound like a new project? Is there a Timok copper and a Timok gold mine that are separate? The Timok I was involved with was a super-rich mine about to be started years ago near the Bor Mine with Nevsun being operator.
Hyper confusing. Figure someone here knows the answer.