GREY:TUDMF - Post by User
Comment by
waranton Sep 17, 2013 10:41pm
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Post# 21747380
RE:RE:RE:RE:Little Deer 50% goes to Rambler
RE:RE:RE:RE:Little Deer 50% goes to Rambler Welcome back LE my friend, don't be away so long; me and Michu was keeping the porch light on as a becon for long lost souls. lol You can always stop in some times and say you stubbed your toe, or bit your tongue or the back hair is getting too long. lol
I agree it was a surprise that Rambler came on board. But not a surprise that THR never took the hole deal themselves. I kinda figured that they never had the money or any way to raise it. The thing right now is what well happen.
John wanted to put a mine in production at LD/WB and Rambler wants the resource. I believe that once Rambler looks over the numbers and decides for sure that they want this resource then they will want a better deal that what this deal offers now; 25%. I don't beleve that they will settle for this and we may lose out here. LD/WB is all that THR has, they have nothing else on the books right now that offers any hope in the next 3 to 5 years. They only way we have a chance right now is if Rambler buys out THR and I not sure that that will happen. Rambler has the experience and an operating mine to boot so money on ther part is easier to obtain, not so for THR. It will be interesting in the next few months to see how this will play out.
All IMO
Cheers