New StrategyOkay Share holders get your thinking cap on. Time to come up with a plan to get us investors some money.
- Consolidate shares 5 to 1 SOI now has 35 million shares.( I will exsplain why later). Share Value at 57.5 to 60 cents
- Spin out Cheechoo ( now 35 million shares) and sell to Newmont for $400 million based on 3.5 million OZ gold. ( with the total area of Cheechoo being closer to 7 million OZ). A share price $11.42
- SOI finish drilling out Aquilion.Raise 5 million $ to drill. Based on size of strike and grade values a conservative estimited value of 3+ million oz. ( this is a shallow vain system with multiple vains exstending over 1000 m, 50 m depth, 100 meter wide.very easy to open pit mine). open to bottom. could be one of the richest open pit mines to be found in Canada)
- Sell to the highest bidder. ( This is where having 35 million shares will come in handy.)
- Price value on SOI shares as high as $24
Now you may think this is fantasy, but quite doable in my opinion. My 350 thousand shares would become 70000 in Cheechoo and another 70000 in SOI and would net me around. 2.5 million.
So DD doesn't have to make a deal with the nieghbours because Newmont owns 1/3 of that strike and holds all the cards. A deal with Newmont needs to get done asap they want and need the gold for Eleanor.
400 million is only around 5 million shares of Newmont. And thats a good deal.