Post by
deadder on Dec 09, 2022 8:37pm
Flat
Anyone know why Barrick and Nova let Flat go with drilling so many holes with all hitting nice lengths?
Comment by
femos72 on Dec 10, 2022 12:00am
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Comment by
nenohav on Dec 10, 2022 1:34am
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Comment by
Stockpicks96 on Dec 10, 2022 6:54pm
I have seen this question asked on the ceo board as well. It's a legitimate question to ask. Why did they abandon the project? Until I get a clear answer on this, I won't be "backing up the truck" into this play. I have a modest position that I plan on adding to here and there, while the lassonde curve is in full effect.
Comment by
deadder on Dec 11, 2022 10:00am
I suspect it is because gold was low at the time which made it uneconomical. Gold is a lot higher now. Interesting thing is they only drilled an average of 100m when recent news from Nova shows there are high grades below 100 so that is encouraging.
Comment by
Stockpicks96 on Dec 12, 2022 11:44pm
Thank you for your insight.