Interesting Batch here. I like you, was watching both companies and looking for a buyout of CORE at a much later date. I was surprised. I-80 has 3 CRD's with one pushing to the south towards Paycore's adjoining property where there working on proving up their own CRD. Together the consolidation forms a monster high grade CRD. Paycore doesn't have to build and are taking advantage of I80's mining permits/auto clave for their sulfides as you said
GORO ? Might have been me involved in some of that GORO friction :) Lets be fair here. The current GORO is not the same mgt you are speaking of. The original GORO 1.0 was the Mexican assets when MX was a better jurisdiction. GORO did go from $1 to $31 under that mgt and dropped back during the dark years in the space. During those dark years, GORO did however pick up some 1st rate assets in Nevada, got them permitted and built the processing plant including ADR very efficiently. GORO spun this out into FCO Fortitude Gold which tripled in price to the current $6.30 shr while paying a sector leading divy yield of 7% and as high as 9% recently. Those shareholders own FCO now for free which left GORO with only the MX assets. The kicker! That old GORO mgt has left and now runs Fortitude Gold where they are making efficient Cash Flow while organically growing a number of other high grade pit projects that will be helping them to grow more CF and higher production numbers which should help bump the share price to record levels while paying the large divy. Their next development will be paid 100% from organic CF that allows them to keep their minuscule 24m OS. Like Minera Alamos Santana prj which I own as well, FTO will build organically their next project to production. The new GORO 2.0 bought a property in Michigan (over 1M high grade resource, I think with $60M sunk costs) that is struggling with a permitting issue they thought they could solve. The 1st Nations have their ancient burial grounds, you know the story. Thats 1 reason their in the tank
STU Stuhini .49 today and for good reason. You should go to the Stuhini website, get Daves number and have a chat, or look him up at the PDAC booth. Hes a good friend of mine, easy to talk to, straight honest. Tell him I said to call. You need to hear the story from Dave. PP's going to be done. They have cash and warrants are in the money. When the story gets out, mkt will have to buy from the 38M OS pool most locked up with Sprott, insiders and friends.
Remember $26Billion in the ground, Molly tripled last year. Demand is real, Future Supply is tight. Full historic Feasibility w/ historic $800 M funding pkg. Their way ahead of the pack, Dave will get the job Done. Just ask Eric Sprott
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