Owns it as a management play. Good silver development project albeit in Mexico, where there are permitting difficulties.
Recent pivot to buying one of the Tier 2 Newmont assets changes the picture of the company; gives management a chance to do what they do well, developing mines in Abitibi district. They can use cashflow from that mine to finance the one in Mexico, without any additional share dilution.
Owns it as a management play. Good silver development project albeit in Mexico, where there are permitting difficulties.
Recent pivot to buying one of the Tier 2 Newmont assets changes the picture of the company; gives management a chance to do what they do well, developing mines in Abitibi district. They can use cashflow from that mine to finance the one in Mexico, without any additional share dilution.