Warrant addition for EAG is sweet.......maybe
TME could get a deal like that - after all our deposits are fairly proved up.
The way I value the shares is to take the .11 OBM and multiply by the amount of OBM shares
you will get.
TME .11 x .78 = TME deal share value $ .0858
EAG .11 x 10 = EAG deal share value $1.10
RYG .11 1.88 = RYG deal share value $ .2068
CRG .11 x 7.671 = CRG deal share value $ .84381
I haven't calulated the value of the warrants EAG will get but these make EAG look like the
best deal especially being 36 months until expiration and having them listed so they can
be traded.
I, too, am very disappointed in TME offer and feel it is worth at least double even in these
times of low gold price. The addition of a warrant similar to EAG would certainly make the
deal more attractive.