Gold market capitulation? Not likely

Panuco has a $1.1 billion after-tax net present value at a 5% discount rate, an 86% after-tax internal rate of return and a nine-month payback period.

Teck has acquired a 6.89% ownership in the junior explorer.

The company has suspended operations at the mine.

One hole intersected 100.8 metres averaging 4.67 g/t gold from surface.