Hard To Understand The Eastman InvestmentYou have a lot of holes to drill. You need all the cash you can scrape up to firm up triangle, drill many other areas of interest and start up the mill. You just let a major buy a 15 percent stake at a bargain price and you turn right around and invest the cash from that in a company that you have no previous investment in, does not in anyway advance your own projec and is farther away from production than you are.
I find it hard to believe that a company with a 2 percent stake in Eastmain (Columbia) would be able to force out Don and BoD. Somebody wanted Eastmain (ELD?) and used Integra as the vehicle. What the payback will be to Integra is anyones guess. It clear that Integra will be running the game for someone to come in and take out Eastmain.
Lots going on under the surface.