RE:Avalon, Basicly A Geological Consulting Firmbargnhillbilly wrote:
They have no deep pockets and NAM now has them on the payroll. Which means dilution but how much?
Interesting take. I read this as they are entitled to first option on new discoveries in Alaska and do not fit into any existing properties.
Therefore there is zero downside to having them as a partner, zero cost and zero dillution.
They are partnered up to continue to provide future value to long term shareholders through new discoveries.
My two cents...