GREY:ESOFD - Post by User
Comment by
leapfrog1on Apr 10, 2013 11:26am
249 Views
Post# 21236522
RE: RE: Northtea.. Summer Drll Date and Merger
RE: RE: Northtea.. Summer Drll Date and Merger I talked to AMW and FIS last week they said that the summer program will probably start the end of may or the first part of June. I asked about the possibility of a merger and neither one dismissed the idea. I got the feeling that this topic has already been discussed between them. AMW said it made sence if they we're to sell PLS to do it under one company. AMW also mentioned about developing PLS and I took this to mean developing it to a mine. I did not question tthem further on it. If the price of UR is going up as everyone is speculating and the cost of mining is low this option might give a better return to shareholders than an outright sale.