RE:RE:RE:The Catalyst1) It will likely take 4-6 weeks for the actual deal and the involved T&C's to get finalized and signed. Perhaps it will be earlier but I am not counting on that. I suspect Trevali has a lot on its legal plate and they will move at their speed and to their priorities.
2) We know that Trevali will advance the funds needed to complete the transaction . . . the market also has known this since March 2nd and share price has gone down . . . so with this info in the public domain and no appreciation in price I assume that the market is wanting other news
3) That news now is likely tied to when MB might be advanced to a go / no go decision and that likely involves both continued drilling / modeling / and admin work . . . and time to do.
4) Since we have missed the winter drill season and now must go through the mud stage I am not optimistic any new drilling could start / would start before the end of May. If that is the case results likely would not start coming out until late summer / early fall and then depending on that news . . . plus any news related to what PUMA would want to do on the 51/49 it seems to me that share rice will stay close to where it is at . . . a range none of us thought was that interesting as a "get out" point.
5) So my sense is that it won't be until the fall that share price potentially could start getting into the .20's /30's and with such a price give greater hope that not only will the investments many of us have already made and might continue to make would realize a reasonable return given the risks accepted.
Now, I am very happy to be proven wrong and for a more accelerated share price increase to happen earlier, I just don't think with what needs to be done / completed that this will happen much before the fall. What do you think?