I like your enthusiasm.. but admiral bay is dead weight if there’s no plan to do anything with it..
Plus 128 (from memory, happy to be corrected) candidates didn’t like the asset, why?
BoD is focussed on gold and the JV which isn’t over the line yet, a lot of cash went into those 87 holes with majority of assay results pretty much being dusters unfortunately..
Plus more land acquired = more spend, but upside hopefully better targets....
As other holders have suggested before, either plan to do something with admiral bay, or get rid of it.. it’s costing shareholders being in maintenance, so it’s a sunk cost, ie. it’s not contributing to the JV dollar spend, there’s no plan for it really, so there’s no inherent shareholder value..
Top up time, page-2
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