BAGM,
Thanks for the detailed analysis (you should have posted that initially!)
Here's an extract from the 1 April 2009 announcement by Cortona regarding expiry of the option agreement on 31 March with Barrick:
"In discussions with the Company, Barrick indicated that in the current gold price environment that it
had decided to pursue its 100%?]owned projects. Barrick however, also stated that it remains
interested in the future development potential of the resources at North Monger."
Cheers
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