re: Ann: Kin Mining to Acquire Leonora Gold P... Hi Guys
as a previous nav holder who was lucky enough to get at in the 20c before the proverbial hit the fan, but followed it all the way to its eventual demise, Leonora never seemed like a tier 1 or even 2 project. The modelling done on the cash costs to produce were always high and this was before gold companies reported AISC. They never were able to produce a Feasability study that allowed the project to move ahead and couldn't find any buyers when the project was put on sale before the administrators moved in, and gold was 1500 plus back then
not a great asset imo . KIN may make it good but too early to get excited
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