It would have cost HL about 300 to 350 million to open San Sebastion and San juan, and then how much output would we have gotten? Now we have a gold producing asset with great potential. Remember, Greens Creek drilling program uncovered monster results. At enormous width.
Baker gets to show the world just how good an operator he really is. Our investment club always knew Baker had the talent, we thought he was lazy or that the Board restrained him. In hindsight, it appears that it has to be just the right deal. And what a gem. Look, 90k oz of gold producing mine in Mexico just sold for 550 million. HL is getting 130k oz for a real good price.