TSXV:HRE.H - Post by User
Comment by
TrickyGameon Apr 04, 2021 6:34pm
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Post# 32935510
RE:RE:Trading soon I hope...
RE:RE:Trading soon I hope...123buyholdhope wrote: Not easy to see what would be bought out. The Kyrgyz project has gone with the award made and now belongs in the hands of the funders. The processing facility is way out of date re., tech' and dilapidation and the usage permit is still in Kyrgyz hands (Stans rejected Neons' move in this area probably for the reaons given - see previous posts). Also, I believe even Stans recently admitted that the Lithium move was nolonger viable. So as to a buyout, I think it is reasonable to ask of what?
A JV clearly requires both groups to bring something to the table to increase the value of the other. Stans only value is as an already listed company. Therefore, while a JV is doubtful for the above reasons, a reverse merger is not out of the question; Stans would bring their public listing, little else.
I think there was also a mention some time ago of an interest in gold, so maybe some private gold concern might be interested in Stans from this 'rm' perspective. Such a move would require (I believe) being already in a trading halt to allow the process to be submitted, externally evaluated and then brought to market. It may even have a positive impact on the sp; at least in the short term.
However, I do think that something would also have to be done about the listing on the OTC, which since Jan has traded between approx., 500 and 600,000 shares daily (avg approx., 78,000). This situation would place CAD and US shareholders at a serious descrepancy re., trading any on going 'actionable' news.
GLTA -
https://twitter.com/EarthsRare
You are forgetting one thing. Stan's Energy developed a proprietary technology of rare earth mining, refining and extraction while holding the Kutesay II license. That alone could be a big reason the company gets bought out. That tech could be huge when EVs become the norm.