RE: RE: RE: RE: RE: RE: No patience, no reward,,, Zooloo,
Here is how I see it.
Some prospective investors are not willing to invest now and wait for gains. However, due to gains being 'almost' a sure thing, they are willing to invest a little to keep the share price at current levels. By doing this they can have their money working for them elsewhere.
What are the big gains?
MUX has gone on record, stating they wish to sell Los Azules and they have also stated that prospective buyers will be inspecting Los Azules this month.
TNR now owns 25% of the 'North Half' of project. The north half of the project holds approximately 62% of the resource. MUX has released a value estimate of Los Azules, said value is currently $535,000,000 - Value expected to grow once current drilling results are known.
THE NUMBERS
62% of $535,000,000 = $331,700,000 --- 25% (TNR share) of $331,700,000 = $82,925,000
TNR current 'Market Cap' = $11,900,000
Add $82,925,000 to TNR current 'Market Cap' --- The sudden gain in Company's worth is evident. TNR share price will explode... That is what has caught the attention of outside interests.
Plus,,, TNR holds/owns 1,000,000 shares of MUX (part of lawsuit settlement) MUX share price will also benefit from sale of Los Azules. MUX share price could easily gain $1.00 a share. $1.00 share gain for MUX would put share price at about $5.00. That means TNR shares would be worth $5,000,000 - This can be applied to their requirement to claim 25% of 'North Half' of Los Azules.
JMT