RE: SP11 Oct 2021 17:05
Hi baldilocks.
Present focus on the bread and butter of getting Cononish cash generating is only right. Other companies exploring are data gathering to identify possible targets, whereas Scotgold has amassed a huge amount of data and already identified a number of potential targets. Scotgold will be choosing a target(s) and drilling to assess size and quality for a second mine. Recent explorers will have to go some to steal a march on SG.
"Personally, I'd love to see some of the money from gold sales channeled into serious exploration."
I would too, but there may be other ways, such as spinning off the exploration to enable diverse funding opportunities and reduce the financial impact on Cononish, like Eris/Zinnwald and Alba/Greenroc have already done.
The future is out there.............somewhere!
GLA, R.