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Sagres Energy Inc V.SGI



TSXV:SGI - Post by User

Comment by petersburggrayon Apr 20, 2023 6:06am
79 Views
Post# 35404628

RE:sgi just gained 40% of marymia without merger

RE:sgi just gained 40% of marymia without mergerPlutonic mine need to be merged with Degrussa mine then we get real operational synergies in personnel, mining equipment fleet, purchasing etc. Furthermore degrussa and plutonic tenemente to southwest of plutonic fit together like puzzle pieces. Sandfire announce in Dec22 that degrussa mine for sale. If catalyst want merger, merger need to be based on gold production. Plutonic produce 3x more gold than catalyst Tasmanian gold mine so one share sgi for one newco share, 3 cyl share to one newco share, giving sgi shareholders 75% of company. One very positive area of the unsuccessful catalyst merger offer was decrispy eliminating Superior c Suite and BOD from operation. Imo this is excellent decrispy idea and need to be a term in any merger. As to jordaanmarion golden parachutes no need to fire these underachievers let them work at plutonic for rest of their contract. Jordaan can remain ceo, ceo of the new crew running a jack leg drill on the 5200 level with the stope face at 115 deg F. I hear there is a hardrock mining museum in idaho with a serviceable late model jackleg drill from 1970s...i think previously this historic drill was used at Sunshine mine.  Jordaan look to be a strapping dude, since he in charge give him a hardhat and put him under the jackleg. As ceo of Jack leg crew, jordaan will report to the corporal in charge of the night shift who is a stickler for detail. The corporal will make sure jordaan meet his production goals and don't cheat by diluting the muck. Jordaan miss his daily goals 3 times, he get fired for cause. 
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