RE:RE:RE:My guess I don't think McEwan Mining is doing very well, they need that money to operate.
Rob McEwan saw what he thought was a lay down investment for McEwan Mining and had enough influence over the BOD to convince them that buying into the $ 1.45 PP was a good idea but the Co. probably needs the money now and so selling GBR is their best and maybe only option.
I don't think they are selling with the intension of coming back into another PP and if they are/do it won't be at $ 8.00 it will be at $ 18.00 or $ 28.00 or ???
We have a ton of money in the bank and if we hit on the LP we probably won't be doing another raise until we have to fund a feasibility !!!
We could get an offer, not a takeout right now but some kind of JV with a huge spend by the partner, funding to production even.
I'm hoping we are in the " Company Making " phase now and if so it's going to get even more exciting from here on.
GLTA
69chevelleSS wrote: Bro...that’s why I think Mcewen fund will do the next PP....what else would they do with all that cash.