“Its a world class mission in an awesome jurisdiction with an enormous land package deal…we have been searching for a pathway to consolidate 100% of this asset,” CEO Mike Fraser mentioned in an interview with MINING.com.
Factoring within the gold worth, which reached an all-time excessive final Friday, Fraser mentioned its straightforward to get caught up within the hype.
Fraser mentioned that one of many current challenges within the gold sector is that junior builders are usually not seeing actual worth of the gold worth mirrored of their equities.
“We really feel there was a disconnect between fairness costs and the gold worth,” Fraser mentioned.
Watch the total interview with MINING.com’s Devan Murugan: