RE:If SCA was given $22.7 million for 250K ind & 110K inf...StylusSI1 wrote: Then companies like TGZ and AXM should be going for much larger premiums. This is just the start to more M&A that I believe will happen between 2019 and 2022. Your going to see a battle between the Chinese and public entities scooping up cheap, large, low cost deposists. Nobody wants to mine in North America, it's too expensive and Europe is anti mining, so those are not favoured.
TGZ should be over $10 right now and AXM over $1 right based on their 43-101 reports.
I believe SCA only owned a portion of this property with Sarama owning around 25% of the property. Interesting times indeed.