Perpetua Resources Corp T.PPTA

Alternate Symbol(s): PPTA

Metals & Mining Gold

Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating, and placing them into production if warranted. The Company’s principal business is the exploration and, if warranted and subject to receipt of required permitting, redevelopment, restoration and operation of the Stibnite Gold Project in Idaho, the United States. Its Stibnite Gold Project is located in central Idaho, the United States, which lies over 100 miles northeast of Boise, Idaho, over 38 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Its mineral Stibnite Gold Project contains gold, silver, and antimony mineral deposits. It focuses to explore, evaluate, and potentially redevelop three of the deposits known as the Hangar Flats Deposit, West End Deposit and Yellow Pine Deposit.

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Perpetua Resources Corp

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Post by moreDDon Nov 02, 2013 3:13pm

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Post# 21871152

Vista gold considering selling 25% stake in Midas

Just read the last NR from Vista about evaluating it s stakes in other projects then Mt. Todd...it s no secret Vista has found itself in corner with it s shares trading at historic lows...the question now is will they sell their position in Midas? And will Teck buy it...if that would happen at 1.00$ per share that would mean Teck will controle 34.9% of Midas...and if Teck want s to take over Midas in the future they will have to acquier only remaining 66% (if the S/S stayes the same)...

the PPS Teck would have to pay for 66% of Midas is far less then for 90%....hope Vista doesn t sell...just thinking outloud...any thought s anybody????

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