RE:If the rest of the holes from this drilling program shiftyone wrote: are like those released so far, I don't think that they could get .20 in a buyout.
That would be almost $50 million for shareholders, in a few months the buyers would have to also pay the what will be close to $30 million dollars in debt. That's $80 million dollars.
For a property that is likely $400 million to start up, plus all the management and administrative costs top operate while a mine is being built.
That has 1.1 million of open pit mining resources.
And the results from the biggest drill program in history has so far only showed the resource is contained. To the east, it's someone else with the rights. To the west, so far none of the drilling has shown anything close to being economic.
Hope those next results are better.
Wow Shifty... so I guess you sold everything you bought recently then?