Post by
metalhead666 on Apr 14, 2023 7:21am
Good news...the Richard Mills case has been heard...
You should be familiar with this. The case between him and Orogenesis was heard in late March. I would expect a final decision to be made soon as to who has the claim to the waste rock in Albino Lake. Once this is finally settled it's just a matter of Skeena cutting a deal so that we can harvest a million high grade easy to get ounces.
There is no way the winner of this court case will or can mine these ounces. They will be 100% responsible for the care and mantenence of Albino Lake with no ability to monetize it. They will settle with Skeena for some $ amount, shares, royalty or combination. That million ounces of easy to grab gold will be going through our mill. It will likely carry the resource to the 6 million ounce mark.
I would expect a significant jump in the share price once a deal is struck between Skeena and whomever has won the claim over Albino Lake.
Very good news indeed that this is finally wrapping up!