RE:RE:fyi .....a must read the big question is, why didn't they do it earlier
Two reasons. One, they probably weren't confident they could gain the cooperation of the Tahltan to mine in that area, and two, they didn't think they needed their cooperation. UNDRIP was a game-changer.
If they do a deal related to the five-day volume-weighted average price for the common shares like they have done with Skeena...
If that's what they're working toward, they won't get a deal done by Monday, as they'll want to wait at least five days from the time the stock tanked to get the lowest average price possible. If a deal is going to be made, it will come next week at the earliest, IMO. The only way I see for it to get done sooner is if DBV use a private placement deal to issue shares to the TCG below market value.
AFAIK, DBV is at least theoretically still legally entitled to continue their operations at the site. I'm hoping that gives them enough leverage to get a deal done. If the Tahltan want to play hardball, they'll have to be prepared to engage in "conflicts on the ground," as Chad Day put it, to stop the workers. They will also have to wait five years for DBV's mining permit to expire before they could make a deal with another mining company to develop the Hat site. If I'm reading the situation correctly, both parties have a reason to cut a deal. Only time will tell.