Problem is if GEA only got the low-ball price they received with 7-10 million oz of Au(yeah, I know they thought they had 9-13 but I don't think G accepted that figure), what are we going to get after a mother hole and a set of wedges(even if they are great)? And in these market conditions?
Anyone have an idea what target price management might have in mind if we do find GEA type mineralization? Kind of hard to predict without knowing how many oz in the ground(say 3 million oz for argument sake) but I would hope it would be more than 1.00.
I'm a little scared that we might be too close to G for our own good and might give them a preferential deal. But who knows, maybe looking at our core allowed G the confidence to know the gold went beyond the border(to make the offer for GEA) and maybe they will reward us for the help. Not saying this was the case but might make up for all the delays.
All JMO........