Just read a little bit about it, something fishy there.
NST owned that deposit and sold it to this KZR for peanuts in 2020.
KZR owns it for a while and sells it to DGR for peanuts again?
Doesn’t really add up. NST doesn’t usually pass on deals, it’s usually the other way around.
From what I could gather, DGR plans to concentrate to 45g/t, in other words, sounds like refractary gold to me.
Completely different worlds, nothing to do with SPQ.
Selling at 20 bucks/oz at the moment sounds like a stupid idea. And as they say “if it sounds too beautiful to be true…”
Ann: Quarterly Activities Report, page-45
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