Judd85, some thought provoking questions. I don't have answers. If you can find an answer for point 4 I am sure the Barrick board would like to hear from you. The NST announcement lists 206koz reserve at end of 2012 (page 4). Combined with 114koz production (page 5) in 2013, that leaves less than one years reserve left (92koz), is that correct? 2012 gold price would have been higher than now too. Is there any actual reserve now? This is a risk. NST will need to work fast. Good on them though, cheap purchase, not too much capital on the line if it fails and they have the form at Paulsens.
ann acquires plutonic mine form barrick, page-22
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