OTCPK:MEAOD - Post by User
Comment by
JRaffleson Oct 31, 2015 1:06pm
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Post# 24246892
RE:RE:RE:RE:NEWS- Metanor Increases Drill Program for South Zone
RE:RE:RE:RE:NEWS- Metanor Increases Drill Program for South Zone
If the debt free mill was sold for, say $20m cash, none of these proceeds would go to Sandstorm.
What would Sandstorm do in this scenario, as they would be on the verge of losing their gold stream.
Metanor's board could hardly rejct such an offer, as they seem hell bent on dissipating shareholder equity by retaining the mill.