My Guess-The Big Boys Are Aboard My thought on raising money, if they do. Back in December Mineral Mountain raised some cash. They made the announcement and two days later they had it. The stock price did not drop at all. Weeks later the Chairman of the Board of Directors of Sprott Resource Holdings Terry Lyons came onto the board of Mineral Mountain. Here is my thought, there are big money players that are standing in the eaves to back this thing. It wasn’t like the problems they had over a year ago trying to raise money
Terry Lyons currently serves as the Lead Independent Director and Chairman of the Audit Committee of Canaccord Genuity Group Inc. as well as a Director of Canaccord’s subsidiaries in the UK (Chairman), US, Australia and Asia. He is also a Director of several public and private corporations including Sprott Resource Holdings Inc. (Chairman), and Martinrea International Inc. Mr. Lyons is a retired Managing Partner of Brookfield Asset Management, past Chairman of Polaris Materials Corporation recently acquired by US Concrete, past Chairman of Northgate Minerals Corporation which was acquired by Aurico Gold (now Alamos), past Chairman of Eacom Timber Corporation which was recently sold to a private equity firm, former Chairman of Westmin Mining and Vice-Chairman Battle Mountain Gold. After 9 years he recently retired from the Board of Pavco (BC Pavilion Corporation).