"You said DYOR, please do, you’ll see how many rejections Nunavut government has issued after companies spent millions and millions for their project. Why did they touch the area? Hmm why do you think? Why did Kaizen spent millions for diamond drillings and surface prospecting and the project got paused for years?'
Rae is in Nunavut territory , the Great bear lake tenements are in Northwest territories so different jurisdiction guessing the rulings by the Nunuvut govt would be void in a separate territory ?
I was under the impression Kaizen did one short drill hole in the Rae area - why would that cost millions ?
Also it looks like there are tenements staked all the way from the South side of Lake Despair through Rae and then all the way back to the coast now , why would there be such a big land rush if the prospectors thought they would be duds ?
Oh and the company you are referring to have been permissioned to drill !
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)