- all approvals in place- processing agreement almost finalised-...

- all approvals in place
- processing agreement almost finalised
- needs funding but according to the comp announcements approx. $5 mill which isn't a huge amount
- mining to start later this year ( subject to finance )
- mine life short ( approx. 4 years ) however other miners have started out that way and with further drilling have extended mine life
- the Malcolm project sounds interesting as is potentially high grade, which means you don't need a huge resource to have a lot of ounces
- if the initial mining can not only finance company costs but also fund further drilling to increase ounces then who knows, this could be an interesting play


- would you bet the house on it NO!,this would be risky (imo), as all miners are, but considering current price ,a few bucks may just be worth it, ( if you believe as I do that the gold price has a lot more upside potential than to the downside )

dyor
cag