RE:UpsideRedrum
It appears that you have drank the Koolaid!
A good deal for who Webb lol? Let's see Webb is the Pres and CEO. He collects management fees! He collects fees due to NDM the company they are buying the right or earn in from that he happens to own. He collect fees due to DRW Geological Consultants which is him. He collects fees on behalf of Geauque Holdings Inc another company he controls. Sxty does not make the required amount of exploration spending they pay a 150k or whatever to NDM for an extention which is Webb.
Where do you come up with 29 million other than taking it totally out of context The last time the mine operated it produced a total of 3,000 ounces over an 6 year period so about 500 ounces a year! Needless to say that makes for a good family operation or a hobby. They are not even close to producing yet! Almost 300k shares fully diluted outstanding and they need to do diamond drilling etc yet!
Just my opinion but they will need additional financings which will take them into consolidation territory. So I guess I would say you did state thing incorrectly!