Dixie Gold Inc. (TSE:DG) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Dixie Gold Inc. has reported over $600,000 in third-party expenditures for its Red Lake Gold Project in Ontario, avoiding share dilution by not funding the expenses internally. This strategy, seen as prudent by the company amidst the volatile market for junior equities, has been part of their risk management approach. Although the third-party earn-in is now discontinued, no further work is recommended for the project as per the latest assessment report available on the Government of Ontario’s website.
For further insights into TSE:DG stock, check out TipRanks’ Stock Analysis page.