RE:RE:RE:RE:RE:RE:RE:I am buying down here
The gravest mistake in this deal is that American Lithium is going to give the leadership of the new company to Lawrence Stefan from Plateau. Massive mistake. This is the leadership team in Lima that lost the bulk of their ground for failure to properly make concession payments and are now being investgated by the Ontario Securities Commission.
They have routinely driven the company into the ground by overspending, blowing through budgets and always being broke with more and more dilutive financings. This merger is saving their collective asses again. American Lithium should have waited another quarter or two and they could have bought this for far less as Plateau was broke yet again.