Re: Possible Sale of Los Azules [LA] Property?? Re May 18 NR-- I think 'wblue' is speculating that the Los Azules property could be sold now that the smoke has cleared with the lawsuit, and if so, TNR'S share of the profits might make the share price leap from .10c to .68c!
Yes, it's true, McEwen Mining still has a majority interest in LA and Rob McEwen could still decide to sell off the Los Azules property as was contemplated back in May because of Argentina's restrictive Trade practices at the time which have since eased up.
However, despite 'blue's' analysis I don't think any 'Sale' is imminent.
If that .68c or so is what TNR shareholders would get out of it, McEwen won't get 'big stakes' profit either.
I think both sides of this story are holding out for a lot more.