GREY:OLEPF - Post by User
Post by
tony1969on Apr 19, 2013 8:24pm
125 Views
Post# 21288761
Question.....
Question..... Why would any potential buyer even think about buying OLE without buying TGZ as well or before? A big portion of OLE's Masato deposit is in TGZ's property. TGZ has 710,000 inferred ounces of 1.15 g/t in that deposit. Since the deal between OLE and TGZ fell apart and the assumption that TGZ cannot pay what OLE wants, what is left? Once again TGZ's $500 million mill is the key here and will ultimatlety be the reason that OLE and TGZ will end up together.