TSXV:QIT.H - Post by User
Comment by
$FunnyMoney$on Sep 03, 2013 11:43am
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Post# 21714667
RE:Monster back to Quinto ??
RE:Monster back to Quinto ??Actually Terry it has been 12 weeks.....3 months since LOT announced they would be amending the contract for Monster. There is nothing to flip back, technically QIT still holds an option to acquire upto 70% on Monster as no formal amendment has been signed. Let's see what the next couple weeks bring. The boys may still pull a rabbit out of their hat. Could be anthing from keeping original contract in place to an RTO of Toma, combining both companies resources and a low share count. Maybe they are working on another property deal all together, from their latest MD&A it states they will be looking for new opportunies in the next couple months.