Post by
Summerof69 on May 02, 2024 11:27am
BRW's Elrond drill results should be out by end of May?
... Elrond is a smallish property held by BRW that runs along the south border of HAR's Serpent-Radisson project.
HAR's Serpent-Radisson project has the Amelaine spodumene bearing pegmatite showing that will be followed up on this exploration season and based on the company news and presentation is pretty much drill ready.
Killian Charles from BRW mentions that depending on what the drill results are from Elrond, the may choose to do further drilling (which would make the HAR Sprpent-Radission project very exciting). he hints if Elrond doesn't seem to have Mirage or better potential, they would possibly look at moentizing it.
I wonder if HAR and BRW (both companies are held by OSK) would do a deal to put Elrond and Serpent-Radisson into a new company or possibly enter a JV agreement with HAR to use the HAR treasury to further expand Elrond?
Just speculation on my part. I am long both BRW and HAR. This summer shaping up to be very interesting for Harfang.
Do your own due diligence first and don't listen to me. I am a novice investor.