RE:RE:RE:it's cheap for a reasoniwpete wrote: It's the times we're in. It's much cheaper to buy another company (a good one) than to explore, drill, get gov right of way, build a mine, build processing facilities, take unknown risk, etc, etc,...
It's cheaper to buy proven.
BTO has $600mm cash YRI has $600mm debt, they produce about the same, about same value. BTO needs to buy a tax loss. Or they could keep paying $300mm plus a year in taxes.
I explored your idea. It makes sense to me.