RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Larisa SprottPossible RG, he could, but given how he talks about this project, you have to ask yourself would he be satisfied with that. Maybe, maybe not! He could take out Palisades interest I guess, but then he is left with retail shareholders who hold less than 1/3 of the company and I suspect he would not be able to tolerate such a situation. And, at end of day he would be only one financing the mine (he does not believe in leverage nor does his daughter). Retail could not offer nothing other than headaches for him!
I did not think there was a chance in hell of that ever happening, but looking at what was disclosed yesterday, I am not so sure anymore. If he really sees this as the best discovery in Canada and maybe the world in the last 30 years, then surely you must think the temptation is very strong, and he could accomplish it no problem financially. So, suddenly we have another scenario to consider here.
I have given this a lot of thought since yesterday and see several possiblilities I had not considered before.
No way, I wish to discuss here those thoughts given the response to my urging the board members to think about what it means.