Selling Big OnionLook what I found hidden at the end of the last NR:
BIG ONION PROPERTY OPTION AGREEMENT
The Company is also pleased to announce that it has entered into a property option agreement on the Big Onion Property with Gama Explorations Inc., a private BC company. Pursuant to the option agreement Gama may acquire a 100% interest in the property in consideration for the following cash and share payments to be made over a period of 48 months: $500,000 in cash, 2 million common shares of Gama, and exploration expenditures of $1.5 million on the property. The Company retains a net smelter returns royalty on the project of 1.125% currently held through Metal Mountain Resources Inc., a wholly owned subsidiary of the Company.
This is literally giving away their copper asset with an established resource and much more money spent on it than what they get in return. Really scummy move! Rumor says that Gamma CEO Jatinder Sandhar is a good friend of Rana...