RE:RE:RE:agree that both offers arent great!michaelvim wrote: cause stock cost nothing and they could get 100% of the deal without earn inn milestones and work the project with no timeline.
Aurico can down the road decide to issue stock to buy up all of CGJ when their stock is a lot higher than CGJ - the ratio will be schewed to their favour as they're a producer, have cash flow etc and if gold rallies further their stock could be at 6 while CGJ be at 8c and aurico will be in a better position with minimum dilution with an all stock deal and premium.