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Sun Metals Corp. V.SUNM

Sun Metals Corp is an exploration stage company with its principal focus on the exploration of the Stardust Project located in British Columbia, Canada. The company operates in one operating segment namely mineral exploration in Canada.


TSXV:SUNM - Post by User

Comment by dacreon Dec 26, 2018 4:32pm
138 Views
Post# 29158180

RE:Interesting...

RE:Interesting...It's worth noting the synergies/relationships of these companies.  Fronteer was controlled by Oxygen Capital, and as you noted, developed and sold.  True Gold / Blue Gold, also controlled by Oxygen...developed and sold.  True Norh Nickel, you guessed it, part of the Oxygen Group, was also developed and sold, as was Liberty Gold.  

Oh, where am I going with this?  You guessed it...Sun Metals was formed by Oxygen Capital who continues to hold a significant stake in the company.  And with Teck taking a 14% stake in the company at prices premium to the current sp, well, the stage has been set!
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