RE:JV's? Ho Humcopperminer wrote: If the Florence was sold for a figure that released the NP and YMI to mine build, as a company, TKO would be far ahead. The mineralization of those two deposits is phenominal. Loose one, get two. Like Meatloaf sang, two out of three ain't bad.
TKO is in transition, it's all good. Selling into strenght increases the high ground.
I understand what you are saying, but I would be very reluctant to let go of Florence completely for cash. Florence is nearly a bird in the hand. Who knows how long it will take YH or NP to get through regulatory and to production--no matter how much cash the company has in hand. I would be more inclined to sell Gibralter to fund those two, but only a litte more. I think they should keep both.