TSXV:EPO.H - Post by User
Comment by
Alpha101on Jan 21, 2017 11:21am
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Post# 25737125
RE:RE:RE:Perhaps the Real problem...
RE:RE:RE:Perhaps the Real problem... Der - every single time I've asked the company about consolidation in the last 5 years (and as recently as a couple of months ago)....they say it's not being considered....very bluntly, they have said it is not happening.
A lot has changed in the last few years since the Horgen agreement was written. I'm going to get an answer on monday with regard to this issue. It might have been renegotiated or cancelled in favour of another arrangement. We don't know.
If the trading company does well (and we know it will), they may be able to borrow the money they need (as an interest bearing loan) in order to build the mine. This would be the best method as there would be no further significant dilution and we would retain 100% of the mine production. We don't know.
I expect the company to be sharing more information and issuing more press releases starting in the very near future. Then we will know.