RE:In summaryYou really are too funny, read the detailed PEA report! EquityInvestor1 wrote: So I think it is clear for all to see that the board has been inundated by deceitful and illogical pro merger posts peppered with racial intolerance, sexism, intimidation and other forms of bullying directed towards FCU sharholders, while at the same time blatently ignoring the fundamental inequalities of the merger and reckless behaviour of management. This can only speak to the shear desperation of DML shareholders to keep their floundering company afloat with this world class PLS asset gifted by FCU.
The fact remains that we should never had entered into any merger negotiations with DML in July without first seeing the below mentioned studies. What management did was premature and reckless and not in keeping with their fiduciary responsibility to shareholders since on the cusp of voting for this merger we still do not have a good grasp about the values of either company. You don't need an MBA or Ph.D. in economics to know that is bad business. As a poster said today - no big player would make a bid for FCU before seeing FCU's numbers. so why would we get in bed with DML in this vacuum of understanding??
(1) FCU Triple R preliminary economic assessment (released September 3, 2015)
(2) FCU Triple R updated resource estimate (due fall 2015)
(3) DML Wheeler River Gryphon zone maiden resource estimate (due fall 2015)
(4) DML Wheeler River Phoenix deposit updated resource estimate (due fall 2015)
(5) DML Wheeler River preliminary economic assessment (due after the two Wheeler River resource estimates are released)