Ann: Fountain Head Gold Project Receives Key Mining Approval, page-3

Another step forward, though PTN is still keeping a very tight reign on what their next move is.... as being able to mine the asset is great, except... you need somewhere to process it.....



I gather PTN has a plan, especially with the large amount of capital they have available. As it would see that stranded assets... can go for very low multiples... i.e. SPR just sold off a 500k stranded asset for just $1m in cash ($14 in shares and contingent payments) to a small cap explorer.


If PTN can achieve similar pricing for nearby assets and consolidate the region, then the production profile 'dial', could be altered dramatically to push PTN towards being a 100k+ producer (I assume that is the medium term plan).