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I am looking at Liberty Gold on the TSX.
BTL mentioned it as a longer term takeover play.
Might take a small position just in case.
problem is it is so far from even getting permitting completed, probably another 4 years at best case.
But then at $140 mill Canadian , some of the larger players may take it out as a longer term asset, mine life of 17 years, but very low grades.
Will put in a bif tonight on the TSX.
Mick
BTL mentioned it as a longer term takeover play.
Might take a small position just in case.
problem is it is so far from even getting permitting completed, probably another 4 years at best case.
But then at $140 mill Canadian , some of the larger players may take it out as a longer term asset, mine life of 17 years, but very low grades.
Will put in a bif tonight on the TSX.
Mick
