Did this take anyone else's eye in the quarterly report.. Potential Takeover or Joint venture with a Junior gold company, might be a good strategy for the company going forward...
"The Company has a strategy of allocating a modest portion of its cash balance towards investments in junior gold mining companies and projects that meet its investment criteria and continued to evaluate projects within the quarter. In general the Company is looking at potential investments that have high exploration potential and/or require near term development funding. The Company is particularly interested in projects that may fit in between the commencement of underground mining at TGO and the potential commencement of production from any of the exploration tenements surrounding TGO, assuming successful resource growth and subsequent development." Cheers ST
Ann: Quarterly Activities Report, page-6
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