OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Mar 18, 2016 10:55am
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Post# 24674859
RE:They say no news
RE:They say no newsIt is not in Teck's interest to release the news yet. News of Teck finding/confirming deep high-grade gold at TPW would only further complicate the LSG/Tahoe deal. LSG shareholders would be inclined to vote no in order to wait for a better deal if it looked as if the area was getting even hotter. Many are already predisposed to hold out. Dramatically increasing the value of TPW would only fuel that fire. Expect TPW results to come out after Tahoe/LSG merger is complete. Then Teck buys out TPW and Ogden and Teck/Tahoe do a district-wide JV deal. HeyStupid may be correct in that Goldcorp may also be a part of that picture because of the mill aqnd their interest in MEK.