Thursday, January 14, 2016 5:52:25 PM
Of course, this company has no gold currently. They are an early stage exploration company, and wont be moving forward unless they actually surprise and get that funding. If successful, expect at least 18-36 months before they can get to the feasibity study phase, which is required before they can legally claim to have reserves.... But. even if they did, the feas. study would have to show that the ore could be mined profitably before a production decision could be made.
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