Oh my PulpCutter , you 'won' the 'battle' being the BTS (which VAN had already offered to SGI nearly 2 years ago) BUT lost the 'war'!
SGI didn't want the BTS when offered as they wanted more, much more but you lost!. This was 98% of the claim which was the 2016 ROFR right for 40% of all of VAN's tenements. You had at least 4 QC legal dudes (compared to VAN's 1) - they are not cheap! Also K2 has a JORC of 110,00oz but is the most costly pit to mine due to dewatering and the collapse of the pre existing mine shaft which will need a total refurb for safety reasons. Trident is VAN's crown jewel over 800,000oz (which was what SGI really wanted) Plus recent 2020 and 2021 drilling programs confirm high grade open cut. I know where I would like VAN to start mining! Regardless if VAN offers 6 or 20 BTS's for K2 to all new comers they are welcome to it. They will need to contribute $$$ to CAPEX for the right to earn in! - great for VAN! Plus as Undaunted stated if SGI had 'won' surely they would have announced it on the TSX to pump their market cap!
VAN Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
