Replies to post #270 on Canagold Resources Ltd. (CRCUF)

[Scyther]

Same difference.. The money has to be spent on new Polaris and as a result canford will drop to 49% once the loan is repaid.
So canford will end up with their money back and half the project.
It's a great deal to get the mine in production but a little different than just receiving cash for it.