LRV 2.67% 38.5¢ larvotto resources limited

The CSA mine was too small and non-core for Glencore to worry...

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  1. 5,052 Posts.
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    The CSA mine was too small and non-core for Glencore to worry about, they sold it off to a SPAC when they could, what makes anyone believe that Glencore would at all be interested in a little problematic metallurgy gold-antimony mine? If this does turn out to be a large high-grade gold mine, then it would be gold companies that might be interested in this, but again, the antimony will scare most of them off, so only a few gold miners with experience in these types of weird orebodies would be interested. Once the drilling is done and if it does come up to a multiple million-ounce deposit, no way is this ever going to be open-pit mined, so it would have to be a gold miner that loves antimony and loves underground mining, and isn't Chinese, and loves waiting years for the regulators to permit new tailings dams, there are only a limited number of those companies.
 
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