GREY:ALXDF - Post by User
Comment by
Myrtlesmanon Jul 02, 2019 10:31am
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Post# 29879683
RE:Sell of Quebec property to O3 Mining
RE:Sell of Quebec property to O3 MiningHmmmmmm.... Ok, Chantrell stated they were 'well financed' with 28-30M in the kitty. So they commit that to buying AZX (actually would cost about $36M with 512M shares at 0.07/share), and now they cough up $12M (in shares) for Chalice property. I never was a fan of getting O3 shares (which I and others predict will drop like a rock once the deal is consumated), but this is really a funny money venture. I certainly like the AEM choices of cash/shares proposal. Here's hoping for a blow them out of the water 10 cent bid by Friday.