CEL 1.92% 5.1¢ challenger gold limited

Ann: Quarterly Activities Report, page-8

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  1. 1,781 Posts.
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    Lumina has the opportunity to consolidate and buy or do a JV in Ecuador.

    For the Argentian deposit (low hanging fruit) CEL can do a joint venture with a cashed up godl producer with funds and expertise to bring it into production.

    There are a number of them in Argentina already including:
    Pan America Silver (top pick and looking to expand portfolio) and
    Hochschild Mining (developing new mines and are going to have a surplus of cash soon)

    Plus the bigger miners that may also look into it: Shandong Gold Group, AngloGold Ashanti, Yamana Gold (but the deposit may be a bit small for them, unless they put a bid to buy it)
 
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