re: new ipo to rival monax according to the co. Homestake like all majors only develops those projects which are massive deposits proven.. The dont waste their time on exploration.. Thats why most of the discoveries these days are done by juniors.. then the majors step in....
Homestake had other major priorities that on a ranking system took precedent.. so they didnt have time to explorer.. and as such intercept hill was left alone til now.
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big close coming guesses, page-16
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