TNR owns 15% of the copper project so lets...So lets do the Quick Math
25% of the upper portion of the mine roughly makes it 15% of the total reserve and counting .
Mai says their is approx.12 Billion lbs of Copper excluding all other minerals @ 15% brings our share to approx 1.8 Billion Lbs of Copper. Tnr has a marketcap of 25 MIllion ..........
I am invisioning a hostile takeover of Tnr by Mai and to keep peace with Mai shareholders and the Pres,
The stakes are to high and the revenues are to much for Mai to lose out on especially if the the project is so be sold to asian interests .
I could see a 50 million thrown at the shareholders probally in stock of mai ,plus pay off the debt.
The higher the stock price of mai the more likely the takover is in my opinion .
I am sure Mai and thier Pres. would like to cash in on his 33% ownership in mai and to do that their cant be any leins or litigation against a property .Who in their right mind will offer to buy a car if it had a lein on it.
What makes it even more interesting is that mai will get approx a 1 Million gold resource in the Yukon which is worth more then the company market cap right now . In actually face that resource is worth $1,300,000,000.00 based on $1300.00
My 2 Cents ,
Bla