RE:Another Head ScratcherThe property was only approved for option by the venture exchange in November. It’s likely the samples were taken and sent for assay when it was a 100% TUO property.
The model is not to be drilling and diluting the shareholders but optioning, retaining carried interests and NSR and streams. No cash liabilities. Build up a portfolio of streams and interests being financed by others. Greater leverage.
Would you want to see your TC interests being diluted by spending on highly prospective drilling on untested properties? Not me, thanks.
cg