RE:RE:RE:A new beginning?Shareholders received "dividends" in the form of shares from new spin-off companies.
Actually, too bad that Mt. Hinton wasn't included in the land packages that were in the Trifeta spin-off in 2017. Trifecta has been stuck in a rut, a stellar property would've really helped out the share price.
Regardless, reading the tea leaves I bet SMD will spin out Mt. Hinton at a certain point. It would be better for shareholders to have direct exposure in the long run. In the short run, Doug has no idea what he is really sitting on. Could it be a glory hole? If that is the case the project could almost self support itself at the onset. Once SMD knows what it has it will be able to gauge exactly how to move the project off the books and at what price.
I don't see one project causing SMD to completely abandon their long standing business model.