C'mon folks.
Any mid tier to major gold will have been following CDV for years now.
There simply aren't that many Tier 1 undeveloped deposits around - let alone is a good jurisdiction.
So either a full take out, a JV ala Goldroad or (less likely) a 100% debt/gold funded deal.
But as someone else said, it does look like Archie wants out....
Still think at USD1500 gold, a valuation of circa USD200/oz - 250/oz of reserves is not unreasonable.
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