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Newmount liked EG and were very close to JV with good steady gold price and Australia now being one of the only safe and easy to mine I would imagine they will be keen to get involved very glad to see Sean going back to prove this up and cream the curve. GH was very surprised Newmount said pleasantly surprised at the time . Big resource GH was very confident in EG . Massive system in the North already identified.
https://youtu.be/ggGK7qIkFSY?t=37
Jean-Paul who found the first discovery new there was more. But because of the dispute never declared the locations they thought it was sour grapes. "Good on ya cobbler"
Proterozoic is a word which if you research indicates that the paterson region may have a lot more to show us and its highly likely more than 1 mine will be developed as well as hav.
Like all the mineralised fields in Australia, the Paterson Range is only under-explored due to the harshness of the region and the thick cover that exist in most parts of the Paterson Orgen.
Regarding structure, the GSA (Geoscience Australia) has made studies that are implying the structures underlying the placement of the Paterson Orogen is deep-seated crustal related. I don’t think the geological fraternity is arguing against that observation as this is why geoscientist always liked the Paterson Orogen. If you look at the continent of Australia, thanks to its age, the land is oozing minerals out wherever the land allows this mineral-rich system to surface.
What is that worth???????
https://www.newcrest.com/sites/default/files/2020-10/201005_Newcrest%20Annual%20Report.pdf
As GDXJ grows, its capital deployed in junior golds will increase. More capital flowing from investors through this ETF into junior stocks will drive their stock prices higher. This not only helps them raise capital on more-favorable terms, it ignites a positive feedback loop where higher prices drive more investment which drives higher prices.
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02279270
Just for fun
I believe the news tonight will be the depth of hav was so great they thought they hit the atlantic .
gl everyone its the 10th previous 9s were outstanding , then we have black hills and those lth will remember the fantastic EG that NM tried to steal imo. Of course the bit thats missed are the rest are all 100% owned by a cashed to the hilt company now they say in this business you should never fall in love with a share . But from my History you will seee it was love at first site.
That update is from a proffesional an biased company based on all the indicators . Just for balance the price of the share price when this was done 13p The best case being 48p does im sure at this point seem hard to imagine . Is it possible very much so . good luck everyone and a big thanks to Paddy your recent research as before is accurate and ahead of the official news .
https://twitter.com/drivingni/status/1283008115093516290/photo/1