Winter in the Great White North Message Board

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Strategies & Market Trends : Winter in the Great White North

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marcos

onepath

From: LoneClone	3/9/2021 1:02:28 PM
	2 Recommendations Read Replies (1) of 8273

We got the first Resource Report from Treaty Creek today. Message 33234449 Treaty Creek is definitely a huge set of deposits, already almost 25M oz of gold plus large amounts of silver and copper, excellent metallurgy, and lots of exploration upside, but with those low grades they will need to define some higher grade zones to justify what will be a very large capex. It seems this year's plan include only more exploration, with no mention of a PEA or PFBS, so we will have to wait to learn more about the economics of Treaty Creek. I hope it doesn't turn into another Metates or Livengood, both huge low grade deposits that get trotted out every time PM prices trend up and then disappears from view when they go back down again. LC

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