RE:Cash Offer ??Here the deal!
kl will never buy wallbridge without a resource estimate.(who knows how long would that take)
they are diluting soooo much rigth now Into drilling.
now if they where to discover something big and the price go up....
they still have this crazy numbers of shares making it even harder for somebody to come in and spend that much money on a project that is 5 years away from having its own mill.
look at osisko ,market cap is sooo big that nobody wants to buy it because it's too expensive.and still no mill!(don't mind that they have way better grades than Wally)
That being said Wallbridge should take out abcourt and their mill that is really close to them and just focus on starting production at fennelon.