That's a vote of confidence if Dudley was exploring a buy out. The long term outlook will be excellent if they get the Gold Corp % and get the mine into production. That's probably 18 months away. What funding options other than dilution will they take up in order to buy out GC ($ per oz produced?), fund the mine (low interest rate loan from bank?), and continue exploration/feasability of the the silver mines (additional bank loan?). I'm sure they have got some very good ideas on how to get it all done.
CJO Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held