RE: Gold14 Mar 2025 07:49
Learn to read:
"El Limon
The Company owns 100% of the El Limon Mine and Mill in Antioquia, Colombia. The mine is subject to a 3%
NSR royalty on gold mined on the El Limon mineral licenses, to a maximum of US$2,000,000. Upon reaching
the US$2,000,000 NSR royalty threshold, the NSR royalty decreases to 0.5% up to a maximum of
US$1,000,000"
If only refers to the mine and not the mill. It is a true statement but incomplete. It does say what assert it says.
Taken from the last report filed with the SEC. If you read it closely, it is obfuscatory: deliberately or otherwise.
DYOR
DYOR