RE:RE:RE:RE:RE:RE:RE:RE:Fruit aka pokie misdses me !Tannin, during the 3.5 years I was an investor in Mentanor all I heard was how they were always going to be bought out. They had the only mill in the area, Bachelor lake was feeding over 5 g/ton to the mill, blah, blah, blah. Yes, they were finally bought out 2 years after I bailed, but was staring bankruptcy in the face.
Yes the permits will be nice, but you still need at least 50 million for the mill and tailings upgrade, plus I'm sure the portal entrance for Gladiator isn't cheap either. Then there is still the bulk sample for Barry which still needs to be done. That hopefully will confirm the PEA numbers. Right now the only deposit they have real numbers on is Moroy which at least at this time is a small deposit. Osisko and Kirkland, aren't going to ante up anything large until you get some confirmation of the 2 largest deposits. If they do then it remains a low ball offer.