RE: DLKM Discovers Gold in the Hills of HandeniI don't think comparison valuations can be made right now, but this deal is very good in my book for three reasons:
1. Tanzania sources claim these properties are every much as good as CAN's.
2. Control of DLKM is out of Harp's hands, even though he remains the CEO for now. I have to assume the new boys are going to move this forward and quickly.
3. The new boys have deep pockets and can get things done without dog & pony shows and taking years to find financing.
Personally, I can't wait for drilling to start. Interestingly, there's no major selling into the news as has been the norm in past NRs - tells me folks are happy and expecting more. AIMHO, and assuming Harp isn't pulling another fast one LOL.