RE: RE: RE: dilution + lower s/p here we come!!!! Ah, a wise comment.
Perhaps Mega will one day spin-off its Canadian assets (now that is has some).
Not sure what the carrying cost for properties in Nunavut are...but in the Athabasca Basin it is $12/hectare
Not sure of the hectares in SK, but the total acquired is ~485,000
If requirements are same, that would be = ~$5,800,000...
Assume it's less, but expect more dilution and more pp's.
And you're right...it sucks, especially when we should be putting a mine into production.
Bottom line: flow through funds have thier own adgenda...