Beware! Tyhee Soon To Enter The Lower Risk Zone, The Kind Buyers Like.
posted on
Jan 19, 2012 09:30AM
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There is a gold deposit in the cold Canadian northern remote bleakness of Nunavut, way north of comfy Yellowknife (hey! YK is only down to -13F this morning).
And, it was there, following its Feasibility and advances in permitting that Meadowbank, with a resource of only 3Moz, was purchased for $700M by Agnico Eagle.
Webb once told me that producers would more likely be offering a buyout following a Feasibility Study and permitting advances.
Prepare yourself. You are about to enter, <<<"The Lower Risk Zone"!>>>
http://northcountrygold.com/_resources/NCG%20PPT%20January.pdf