Post by
gnote1 on Aug 01, 2018 8:55pm
Red Cloud Klondike Strikes thoughts...
"Upon completion of the proposed transaction, the combined entity would be the second largest company in the Urban-Barry Camp by market cap, and the only producer in the region. Considering the 2Moz Au potential that we see at Gladiator, combined with access to Metanor’s permitted mill infrastructure, and the exploration upside we see at both Bachelor and Barry, we believe the company is attractively valued relative to peers. As well, the increased potential scale of the combined company’s projects is likely to make it more attractive to potential acquirers."
But what do they know!