Lucky Strike Spin Co.As per the press release today, there is a thought to spinning out lucky strike into a separate entity. I imagine under this senario, gsr shareholders would receive pro data share of lucky strike. This could be why The Newmont JV never included luckystrike. By default Newmont would get a pro rata share of luckystrike new co.
This could be very exciting as lucky strike is smack dab in the middle of the hottest gold region seemingly in the world right now and could host one or more large deposits alone.
Lucky strike value could tange from $120 million to $500 million alone.
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