RE:RE:Thoughts from Matlas (on reddit)Would love to be proven wrong, but I agree with you...I do not think a BO is happening anytime in the next 6-8 months and well go through another full season of drilling, especially given the fact that this BO is likely multiple billions of dollars. I think a lot of what has happened recently is more posturing to the wider sector that LME is strong and can wait out anyone who is lowballing them even if that means diluting their shareholders to death.
Weve had a director leave, weve had another one selling a bunch of shares, we have onboarding of another forum moderator with an open ended contract, USGC has never dealt with anything of this size nor have we heard anything except diligence is nearing completion for the past 5 months. We could be close, we could also be another 3 years away at the pace they are drilling.
prove us wrong, Cynthia