Hacket and other stuffWe have to be patient for a lot longer on Hacket and share price. Glencore is doing absolutely nothing w/o a new royalty or agreement. SBB shouldn't be even considering anything in this environment because whoever is talking is stealing. Glencore isn't going anywhere unless 100 million dropped on them. Property worth a nickel with the royalty sitting on it. Glencore might even take less to walk. So we need a bunch of gold and silver appreciation. We can sit for 2.5 years on Hacket. It might take that long. We have a huge amount of cash to keep building mine. Thanks to our Asian partners and Mgt skill in selling 10% at opportune time. We might have to slow down spending a tad for our next share price rise before looking at raising more cash and borrowing. The last thing we want now is a straight takeover.
Maybe a takeover with a large royalty that rises with gold price. 22.5% might be unatttainable. LOL. I wonder whatever happened to the guy that signed that royalty deal and what he is doing. Probably outside his local COOP. Selling hammers for 5.00 that he bought inside for 10.00 This property has a ton of gold and they keep proving it .
In a perfect world that we don't live in. Asians take another 10% at better share price than today and that gives us enough leverage to borrow balance needed to build. We get a nice kick in gold price and silver price and then we go to market with new company and raise 100 million for Hacket and get control of that. A lot of perfect going on.
GLTA