SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Little Joe who wrote (6048)3/24/2004 7:44:28 AM
From: TheSlowLane  Read Replies (1) of 313801
 
LJ - Fortunately for me, Goldcorp still sees value in Candente's Newfoundland properties. They finally delivered the long-awaited agreement last night:

"The agreement allows Goldcorp to earn up to a 70% interest in either or both of the Staghorn and Linear gold properties by assuming all of Candente's expenditure obligations and completing bankable feasibility studies by January 2010. The option may be extended beyond the six-year period providing expenditures have reached a minimum of $1,000,000 per year by 2009. "

But this was the part I really liked...

"Candente entered Newfoundland on the recommendation of Larry Kornze, (ex-Barrick), Director of Candente, who stated "Newfoundland could host another Carlin Belt (100 million ounces gold hosted by sedimentary rocks) and we don't want to miss it, besides there is too much gold to ignore."

Still a long way to go, but this is a big step in the right direction, imo...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News