"Their Weight In Gold"As per latest press release: IML shareholders will recieve 26,000,000 shares of enviroleach which represents 70.27% of the issued and outstanding shares of Enviroleach.
My thought process is that they are spinning this out because a company has a specific need.
[Remember Duane,s BNN interview when he said they have a tremendous amount of interest from companies wanting to strip gold from cell phones and such]
As an investor i look ahead to where this is going to go and I look ahead 2/3 months and IML,s new tech will be operating cash flow positive at Vulture Peak.
As Trump,s plan for major infrastucture spending is already driving up the price of iron ore our Cahegin property is becoming more valuable by the day.
I see Enviroleach,s "game changing technology" up and running possibly in conjunction with the company that has a specific need.
Then i ask myself what will IML shares and the 11,000,000 shares of Enviroleach that the market will have access to be worth.
The answer is: "Their Weight In Gold"