AAU 0.00% 0.6¢ antilles gold limited

Ann: ANTILLES GOLD ADVISES PROGRESS ON DFS FOR LA DEMAJAGUA, page-10

  1. 190 Posts.
    lightbulb Created with Sketch. 12
    It really does look like a no brainer. The 69m at 8 g/t Au (or 9.5 eqAu) was what got me looking.

    - So 60,000 tpa @ 45g/t eq. wowee. Mine life of 16 years.
    - Still got some coin from the raise $5m
    - Expected $12m from legal claim
    - Own significant mining equipment
    - Director buying up

    What's the catch -
    is it just Cuba? The tax breaks and low employment costs will make it cost effective.
    or being held up by placement offloaders?

 
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