RE: News article9 Apr 2025 05:58
Pbow, thanks for posting. It's encouraging to read that both sides are committed to mining, although the electoral pact with the indigenous groups is a concern. This shouldn't affect Cascabel and we have been reassured repeatedly that none of our our concessions are in protected areas.
On a separate matter, a few people on here have raised the question of Administration...again. We've discussed the question of whether Jiangxi would invest against this backdrop - they wouldn't, but how about DGR?
If we were heading for Administration, Mather would know about it. In which case why would he risk a significant amount of his own cash backing DGR?
Obviously, it improves his security position, but he would still rank below FN and Osisko in the event of a distribution via an administrative process and would face the prospect of a significant loss.