Did GXS’ discovery leak outbefore it was released to public?
Personally, I think it did leak and it was not GXS’ management’s intension.
As we know, the drill crew would immediately know if coal was drilled out. The crew are ordinary people, they have family, friends, so the coal discovery was inevitably leaked out.
I think NAG, SWF and others knew about it. Adamas, of course, knew about it even before NAG because it is a local company with so many connections in the area.
Why NAG got the Adamas property at such cheaper price $7500 + free shares is something beyond my understanding.