Update: Premier Gold Mines' Acquisition Of Cove-McCoy Gold Properties
Hebba Investments • Tue, Aug. 5
- Premier Gold fully consolidated its Cove-McCoy gold properties by purchasing 100% interest in it from Newmont Mining for $21 Million.
- In our opinion this shows a lot of confidence of management in the Nevada property as they are already developing their Canadian Hardrock property.
- This confirms and possibly adds to our earlier valuation of the company as we only considered the Hardrock property in the valuation.