OTCPK:MEAOD - Post by User
Comment by
u2bobon Aug 26, 2015 5:04pm
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Post# 24054046
RE:So..........do any of youi
RE:So..........do any of youisilverT wrote: Know what I'm talking about...........Toronto, Jun 10 Junior explorer Oban Mining has launched all-share takeover bids for 4 fellow Canadian mineral explorers, backed by ringmaster and mining royalty/explorer Osisko Gold Royalties, which is looking to take a 19.9% stake in the New Oban for $C20M. Oban has binding take-over agreements with listed Eagle Hill Exploration, Temex Resources, Ryan Gold and Corona Gold. ..............these companies surround MTO , your turn !
Temex is gone to LSG ...Eagle hill is were Oban will land with Osisko backer...and lets think about it would it not make sense to lock up some kind of deal with Sandstorm protect their interests as well as ours... like Oban has with Osisiko
Sandstorm has a shelf for 150 million U S set up as of Aug 20th with exchange rate they could do some series shopping in Canada ...This area could heat up now with Osisko and Sandstorm and others shopping ...I think MTO will not survie much longer with these low share prices ...I know Goldcorp says they are going to do more shopping in Canada and I dont think the guys with cash are going to wait for gold prices to climb before buying...many have already been taking out this last year...