ERD financing and a great piece of John BudreskiAn interesting idea would be a royalty with ERD from MOX. A million dollars for a thousand ounces a year at 300 dollars for 30 years. Wouldn't hurt ERD very much, but would help us out tremendously. MOX may never do a raise again and is currently buying back shares and the float is likely around 54.7 million or less. We will end the current NCIB around 50 million. The warrants associated with the Chris Cline placement and the managment placement are still in affect. Chris Cline, the billionaire who dated Tiger Woods ex Elin Nordgren bought shares of MOX for 30 cents at the end of 2014.
https://www.canadianinsider.com/company?menu_tickersearch=mox
https://ceo.ca/2016/02/04/ceo-john-budreski-on-upcoming-catalysts-for-minings-most-under-the-radar-royalty-play/
https://www.bloomberg.com/research/stocks/private/person.asp?personId=13648544&privcapId=8361254
https://business.financialpost.com/news/fp-street/industry-veteran-john-budreski-takes-aim-at-proxy-advisory-recommendations
And dogbone I do recommend a call to John. He is a busy hard working guy but he shoots straight.