OTCPK:TGGDF - Post by User
Comment by
NineLiveson Dec 04, 2021 7:41pm
109 Views
Post# 34199180
RE:Conversation with Eagle Plains Management
RE:Conversation with Eagle Plains ManagementI look at this way 26.5 if it doesn't go through is no big loss to me. TGC would still have their 20% and the 2.5% royalty. Sure they would face dilution with further exploration but so what.
I've been doing a lot of reading this w/e on all the properties TGC controls and have come to the conclusion this offer stinks. A bit of an insult really.
I haven't held TGC all these years waiting on every exploration release to see all this time wasted for a few cents gain.
A suggestion, seeing how EPL supports the 26.5 cent then SSR should offer that for their 19% interest but pay the remaining shareholders more !!
Another suggestion pay us all 26.5 cents cash plus 1 share of SSRM for every 100 TGC we own !!
so if you own 100,000 shares of TGC you get 1,000 shares of SSRM or another $22,000 based on today's price. Which allows TGC shareholders to participate in further exploration of these properties through SSRM. One big happy family and the dilution in SSRM stock to do this is peanuts.
i would certainly hold my SSRM shares to see what happens if they decide to honour us with this offer.