We know you must walk before you can run, but it makes much more sense to me if they could do a JV deal to get some gold mining going at Duparquet. IMO that's what they should be focused on getting done NOW.
I only advocate to JV with someone at Duparquet for the cash the partner would bring to the story. We don't have the money most likely if we chose to go it alone and it would over-extend us in a big way. Maybe we could do a deal with a working mine in Duparquet's neighborhood that could also aid in the actual mining and milling of gold from Duparquet? This isn't rocket science, if I can figure this out, surely our Management can too. All these options need to be explored.
Why couldn't they do a deal that only allows our JV partner access to a certain amount of ounces at Duparquest? Not reserves found there in future years. Limit the JV partner to participate in say 2-3 million oz. and no more. That way we don't screw ourselves down the road when millions more ounces are found. Springpole doesn't even have to be in the mix unless Keith wants it to be.
The main objective should be to move on this quickly and not mess around. We're burning through our cash every passing day, so the quicker we can mine gold at Duparquet the more credibility we have as a company. At that point we're not a developer anymore, we're a producing miner.
As the gold/silver price continue to rise the negativity is going away. I watch a lot of business TV and the sentiment for gold and silver is rising daily. A higher price fixes everything.
