Post by
deepthinker63 on Aug 17, 2023 11:02am
Skarn target
I think they thought: hey, we'll show a high NPV UG mine, the stock price will reflect that, and we'll raise enough money to complete the decline and explore the Skarn, which could be a new, high-grade discovery that would send the stock price way up. Maybe the stock price will eventually go back up so that they can do this. Warrent clippers ruining their plans, ATM.
Comment by
Ungawatcher on Aug 17, 2023 2:13pm
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Comment by
deepthinker63 on Aug 17, 2023 2:18pm
Torex never wanted AP, but if they can get that plus Unga, that's much more interesting. Any deal would have to involve extensions of agreements with Inuit, but Torex certainly has the cash to make guarantees.