If they wanted a larger regional gold play, they would probably have their pick of ground to stake if they had any new insights into regional geology.
Failing that they could have just continued to pick other open areas that artisanal have picked clean or are actively picking clean as seems to be the model here and with Goldridge.
Something else seems to be going on here. Not sure what. Seems lazy but I guess this is the last hurrah for Peter.
Ann: Proposed issue of securities - MKG, page-38
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