Changed my opinion on selling 200,000 oz to TWG.
twingold.com
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Negotiations are also well advanced to acquire the 20 percent interest held by the projects' minority
partner, Quest USA Resources. With the acquisition of this minority interest, Twin Gold will control
100 percent of the project.
Estimated Budget For Remaining Work
Item
Estimated Cost $
Obtain Representative Metallurgical Sample
150,000
Metallurgical Testwork
600,000
Development Drilling
500,000
Environmental work; EIS Preparation
1,150,000
Ore Reserve Modeling/Final Feasibility
500,000
Monarch Greenback Buyout
2,000,000
Quest Buyout
500,000
what a insult, Quest spend over 3 million on project, the bottom fell out of gold market, and that is all they want to budget.
1/2 million is ok for CASH, but they better add on 3 million shares of TWG stock. |
