I would find a pivot to a new type of mineral to be very...

I would find a pivot to a new type of mineral to be very dangerous.

We'd be starting again as a brand new junior, with the possibility of resuming the frozen gold asset at a later date.

Since the gold asset is years away from development anyway, maybe market conditions will be strong at that point, but the gold price is decent at the moment already. They seem to be drilling fairly efficiently at the existing asset.

And if you pivoted, then what do you do? Fire all the Alaskan staff and fire-sale the equipment or pay for it to be kept on C&M? That makes it tough to resume the asset later.


I think, if people disagreed with the asset, then they'd sell. If they continue to hold, then they likely agree with the asset for the most part.