RE:TODAYS SIC PRBlueChipper2020 wrote: The excerpt stood out to me below.
We are about to begin discussions with our respective Boards of Directors and advisors as to how to proceed with this exciting opportunity for the maximum benefit of our shareholders."
In my experience I have seen a spinout to a new company at some point with a concurrent PP to new investors (who do so in the lithium space). I do not believe SIC should neccessarily co-mingle a lithium play with their gold properties as you have two classes of investors typically. I love they fell butt backwards into this, however the Company has to keep focus on Moosehead and their other gold projects. The above yellow highlight means they need to consider the best way to proceed. Bottom line this is all good news for SIC investors.
GLTA
BC
Hey B.C. The discovery of the rare earth metals such as tantalum is a huge discovery. These types of metals are a priority of the U.S. government and Canada. That being said, I get what you're saying about maintaining focus on the gold discovery but there is likely a lot of political support for this new discovery and what it potentially represents.