Suprise # 1  AP Allen Palmiere Said they are actively looking to aquire a 2nd cash flowing operation before funding Back Forty. Projects are cheap now and they have passed on 3 deals already.

Suprise # 2  Focusing on growth to Midtier status, They are looking to have a string of new high potential propertys in the hopper this cycle, to position cheaply for future growth.

Suprise # 3  Michigan is one of the 2 best state jurisdictions in the country. One of only 2 states that does NOT need federal approval to permit a mine. Said MI is very technical and will permit projects timely based on the science. Lundin operates The Eagle Nickel/gold mine in MI upper Pinnsula. They are the poster child for Sociably and Environment Responsibility in MI.

Suprise # 4 Back Forty development should start in 2025, cost 250 – 300 Million. Based on current commitments and expected cash flow, they will not need to go to the equity market for funding. This would include scrapping the dividend temporarily.

Suprise # 5 The wetlands they disturb has gone from 200 acres to less than 1/2 an acre. They may be able to even skip the wetlands permit for this reason. This small pit is very high grade gold and will fund the underground.

Great presentation

The Ideas Investment Confrence

https://www.threepartadvisors.com/southwest

Choose Southwest location   Than Nov 17th  For Gold Resource

Fill out register for 40 minute presentation from  1Allen Palmiere