Metallic Minerals May 06, Webinar Transcript
We formed a group of companies, and this gives us a couple of opportunities. Three public companies, each with a different mental focus. Metallic Minerals is the silver and gold focused company, Group Ten Metals is our platinum group metal and battery metal company, and Granite Creek, the newest member of the group, is copper focused just as the name implies.
This gives us an opportunity to really go after three metal groups, which there are relatively few explorations in development stage named in these three metals and relatively few first-world low risk jurisdiction projects. We have shared back-office costs. These are all three separate public companies, they have separate boards, some overlap for corporate governance, but with those shared back-office costs, CFO and others, we're reducing our G&A cost for each of the companies. It also allows us to have a suite of kind of specialist in the background that can share between the companies and really bring a deeper technical deck, more similar to a midsize company.
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