Why keep gambling with shareholders' money in Nevada when the resources at Alaska are well defined and less speculative?
Drill to expand Caribou Dome, try to mine it or sell it to generate cashflow and then look for the bonanza grades if that's what they are after.
Carlin style gold deposits are rarely profitable because of how disseminated the grades are. Management are too blind to see it and keep chasing the 1000g/t hits. Who cares about those when they are 1m thick? Only punters.
None of that ever turns into a mine. Caribou Dome can.
Why keep gambling with shareholders' money in Nevada when the...
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