RE:RE:RE:RE:RE:Somebody help me here ....Yes, I agree, it certainly does Mary. More questions. These are surely premature, and assume a merger is on the horizon. I try to examine several possible lines at the same time when making an investment decision. (From my old chess days). I sincerely hope I am wrong. I would happily accept, as a consequence of my prognostications, ridicule from members of this Board. I do not intend any accusations about, or disrespect towards, the players identified. Regards.
14) Dev announced two extensions to the fall drilling program. The reason given was that they had raised $20 million and could afford it. Finances suggest the two events weren’t connected. Could it be that the timing of a merger dictated that FUU should be between drilling programs which wouldn’t have been the case if we kept the original schedule?
15) If the drilling program was engineered to match up with an impending merger timeline, what would be the impact of significant positive drilling results in this round? Wouldn’t the terms/timing of any agreement have to be amended if Sam hit big?
16) Two days ago, DML announced a $15M investment in FUU and today DML announced a raise of $55M. Isn’t this just the IIs and the companies equalizing their cash balances and altering their share profiles - sure signs of an impending merger?
17) Sam’s drilling program seems to be diametrically opposed to Ray’s. What were the goals of the one-shot holes spread out over 3 kms? And minimal selective drilling around the unconformity?
18) How would a merger of FCU, FUU, and DML divide the pie? Would FUU and its untapped potential be the “biggest loser”? How would FUU management justify to investors a valuation that was based on incomplete drilling of one of the higher-grade deposits to be discovered in the world in the last 5 years?
Things to watch for in next two weeks:
Lackluster drill results.
Corresponding take down of share price.
The illusion of a substantial percentage merger offer over current price to win over FUU shareholders.