GREAT SUMMARY of the dealI found a nice summary
apart you have
RMKwith 30% carried interest in Hardrock project and the work premier is doing, a permitted mill, a smalldeposit at Northern Empire, a lot of past producers that should stillhold alot of gold, with leitch one of the most succesfull gold producers in Canada, nortoba, key lake, a
company with appr 200million shares outstanding, moly and gold.
ONT -brings brokbank, 800,00 thousand ounces in there NI43-101 (largest in the camp),but no mill, and years to build one plus it would cost about 30 millionbucks to build the one roxmark has, some of the best underexplored property in the region. 35km of continous claims
COMBINED
you get
* a permitted mill 200 tpd, upgradeable to 500tpd
* 2properties combined over 1,000.000 ounces of gold in the ground withthe NI reports to back them up indicated and inferred ounces.
* I think that brookbank and Northern Empire are both permitted for mining
* both have cash in the bank now we have a bigger bank account
* listing on the TSX not the venture greater exposure
* a new company that when the smoke clears will only have 93 million shares outstanding,
about the same a premier
* hard assets, roxmark has the mill some heavy equipment an office in Beardmore, all paid for NO debt between the two
* and the 30% carried interest in the JV in Geraldton withPremier. NI 43-101 due in November sometime.
* Experienced staff on both sides to put this over the edge.
* and the Brookbank deposit is only 20MIN to the mill easily truckable.
We'll have 93 million shares outstanding. AND??? There are other Gold companies with 100 Million shares and a share price of 3 $ which do not have a mill nor a NI 43-101
Remember the song: don't worry, be happy