They reduced gold holding by 2000oz. They are also net cash positive to the tune of $US4m. The Revelo deal was mainly shares and will only use C$1.2m. On the last Quarterly there were 3 other acquisitions/options that may use more funds in the future. Interesting 2 were made in December with no announcements??
Oh well. they will need to extend their mine life so I imagine there are good synergies.
Ann: Quarterly Activities Report, page-9
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