EXPM:RLGMF - Post by User
Comment by
Zoolanders21on Sep 01, 2016 1:12am
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Post# 25198117
RE:Goldcorp back-in right circumstances looming
RE:Goldcorp back-in right circumstances loomingI don't see this as bad news. It could explain the delay in issuing results though ... try to let the 90 day back-in period for GG lapse before the good news comes out then maybe they won't pull the trigger. That is even if they are close to the $5M expenditure on the project to trigger the option. Either way it is good for us ... if GG exercises it we still own 100% of Mount Jamie, 100% of Red Summit and our ownership of Rowan goes from 60% to 49% and we pocket $7M. Not seeing the smackdown here. Typical basher trying to shake out weak hands. Not to mention the i'm out at $.39 comment 2 days later when in last traded at that level. If you are going to post something significant back it up TO. GL Zoo