I agree with @steven1459
Looks like an absolute steal based on resources.
3.34 Moz at 12.3 g/t (exclusive of 760koz of reserves at 11.9g/t) sounds to good to be true for the price paid.
I'm not really familiar with the difference between NI 43-101 and JORC. Would that resource pass JORC? If it can this is a major coup for NST. What were those Japanese people thinking, do they know something about the price of gold?? Maybe something is coming to put gold in its grave forever......lol or they used a faulty exchange rate calculator or their due diligence committee were off their nuts on Sake and cocaine.
Got to give it to BB on this one. Some of his WA acquisitions have been real rubbish, by comparison, of late. Esh
Ann: Northern Star acquires Pogo Gold Mine in Alaska, page-35
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