interesting that Barrick Gold Corporation jointly runs the Porgera Gold mine in PNG (seated in similar geographical terrain as the Bulago EL) with China's #1 Mega Gold Company Zijin Mining Group Co. Barrick Gold Corporation sold the Chinese Mega Gold Company joint rights for $298M in May 2015.
The Ok Tedi Mine is run by the PNG Government. This mine produced 1,531,700 ounces in 5 years between 1985 and 1990. Again FNT's Bulago EL in seated in similar geographical terrain. Getting excited?
FNT Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held