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Re: gitreal post# 11947

Thursday, 12/22/2016 6:14:58 PM

Thursday, December 22, 2016 6:14:58 PM

Post# of 47671
No, that is not at all why Argo declined their option to continue development.

"That's exactly why Argo bugged out of town.... "

As stated quite clearly in the MXSG press release, which I already posted once and will post again ...

"They also added that in better economic times the company would have exercised the JV option."

Argo clearly would have continued, had the price of gold not cratered. In other words, they did not consider the drill results an issue at all.