Nice to see GIB progressing well at Ellendale after BDM let it go. GIB have all the key mining licenses granted, most importantly the mining license covering the E9 pit, alluvials and stock piles. Something BDM failed to achieve. Might only be a small project compare to Ekati, but GIB only has only a 9mill mcap, so massive upside. I think BDM will be kicking themselves for not making sure they had the funds to finalize the transaction over ground that once produced 50% of world fancy yellow production. BDM also failed to get an agreement with the traditional owners, another thing GIB has achieved. Would have been nice for BDM to keep Ellendale but I think it will be chalked up as a missed opportunity.
Hotrods65
Ellendale Update
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