Blackwolf Copper and Gold Ltd V.BWCG

some thoughts

[nofluff]

A lot was learned on the cantoo program. I agree that, the two deposits r further west. The drilling will be much more efficient in that they will find and define those 2 zones. So shallow drills.

Lets say each zone is 100 feet by 10 feet average for 3000 feet. That woukd be about 5 billion dollars of metal. Easy to mine with little disturbance to surface.

No doubt lots of other zones. But lets go after the low hanging fruit. The harry is looking to be great. The real close to surface metal may have to be left alone so as to not desturb surface. 

What makes these deposits valuable is they r within easy haul distance to 3 mils. Asscot, Brucejack, and kitsault. 

So prove up the low hanging fruit and sell to the existing mills.

All that said, this is a long term game as m.s. said.

nf

[nofluff]

I think 2 billion would b more correct.  nf

[nofluff]

What will make  these deposits so valuable???  As mentioned before, little capex to develop. Florance copper just sold  less than 2% of a 2 billion pound pure copper deposit to a metals taker. The taker paid 50 million u.s. up front, has to wait two years to start buying metal and the takes another 20 years to complete. Of course they get money distributing the metal. Cantoo and