for a nickelyou can buy a share of a metal deposit in the ground worth about 8 bucks USD per share. You get a five year option costing 18 million CAD for the largest anthracite deposit in the world almost fully rail linked to an existing coal export facility with a very short transocean route to Asia.......... thrown in gratis.
Hmmmm.
You have to wonder why Lascaux did not exercise their rights and seize NICO (and Arctos) to recover their loan costs but instead took FT share options and left the existing management in place..... the same management that bought the silver mine and closed it 9 months after purchase.