RE:What are you guys smoking?Lol. You are new to this. Let me explain...
yes they hey have to spend 500k on work the first year, but they would have done that anyways! It will create hype and drive stock up!
if they find nothing, they will either renegtioate the deal or drop it. If there is nothing it wont last 4 years. This is how all the juniors do it.
and where’s Waldo? Lol. Again let me explain. Nna strike zone is trending towards their property. They will let their exploration tell them where to drill.
Moreover, if nna has the goods and trends to tac, this aquasition makes tac a potential takeover target