Agree Rich, we need a lot more info from AZX/GGG on this.
All the information I presented above was from 10 years ago, when the gold price was around $300 per ounce.
I suppose that all they wanted to say was that over the next 6 months we are going to conduct some research and due diligence on this old project, which is fair enough, so if they find something, then report it, otherwise let the project go.
The key may be how much they need to spend in order to do a thorough enough evaluation.
I have to say though, at the moment, I am more interested in our relations with Resolute, concerning ML 15/552
Gw
AZX Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held