IKN

children of an idle brain

David Garofalo performs a miracle

He actually managed to sell Cerro Blanco.
Bluestone Resources Inc. (TSX VENTURE:BSR) (“Bluestone”
or the “Company”) is pleased to announce that it has entered into an
agreement dated January 4, 2017 (the “Agreement”) with Goldcorp Inc.
(“Goldcorp”) to acquire 100% of Goldcorp’s Cerro Blanco Gold project
(“Cerro Blanco”) and Mita Geothermal project (“Mita Geothermal”) in
Guatemala (the “Proposed Acquisition”).


“Cerro Blanco represents a unique and transformational
acquisition for Bluestone,” stated John Robins, CEO and Chairman of
Bluestone. “The Cerro Blanco Gold Project is fully permitted for
production, designed and developed to world class standards and hosts
very high gold grades with strong potential to expand existing
resources. We are excited to have Goldcorp as a partner and shareholder
in the development of Guatemala’s next low cost, underground gold mine.” continues here
To be accurate, it’s more like “He actually found somebody stupid enough to buy Cerro Blanco”, but hey…splitting hairs. We can safely assume that BSR.v is unfettered by the burdens of a professional DD department. Or anyone who can speak Spanish. Or anyone who’s ever visited Guatemala.

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