With an updated resource estimate for both Gladiator and Barry to be released on the horizon,
the price of gold in canadian dollars certainly will point toward the value of the properties.
A Mill to go under major changes, and Moroy will have ounces added through continued exploration drilling underground.
Reminds of Integra grabbing the mill and property from sigma and teck resources for next to nothing.
Turned it over to Eldorado in a few short years for $590 million...
Similar hg gold structures here with BTR and urban Barry.
And Gladiator is quite close to Barry.
Moroy has the benefit of being nudged up close to the Urban-Barry Mill which will be relaunched by
mid year 2019 initially feeding ore from Moroy and Barry.
This $$$$$ generating machine will benefit from all the ducks being lined up,
And management being on the same page as directors, and institutional financial backers.
Neighbour, OSK is getting all ready for the spring with release of updated resources, and more...
They do not want to wait years and spend hundreds of millions $$$$ for a new mill...