RE:RE:Stage is set for a White KnightThe surrounding ground has copper / gold indications throughout but has not been explored in detail. There could certainly be another OT style deposit adjacent to the existing deposits.
ETG holding the Licenses is a hammer they have not used but it is certainly in their toolbox.
TRQ has the existing cores on the ground just drilled. The results should be imminent. For the potential of the surrounding ground and the 30/20 % share, ETG could easily be worth 10 to 20% of TRQ.
Assuming the arbitration isn't settled soon, a White Knight could take a run at ETG and end up with a nice lttle percentage of the existing deposits for what would amount to a petty cash cheque. This would include all the surrounding ground.
Say $4 US a share and they would have ETG in a heart beat.
Regardless of all this ETG is currently on sale and I am suprised it is trading at less than $1.00 C. It is very likely people are just fed up with the whole 20 year boon doggle and can't comprehend the matter is coming to a final resolution.