RE:EwanI can't comment on Ewan? However Rick Rule has high praises for his ability and his team to discover mineable properties.
Ok so not much in the way of good news which won't lift the share price with the exception of excellent assay results. Given that there is still a disconnect between Jr miners and precious metals valuations I view this as an opportunity that will change and is changing now.
Larger miners are making a profit and are flush with cash. Rather than pay dividends or share buybacks I would expect to see more M&A activity to deploy cash and proven reserves especially with miners like I-80 who has a flock of analysts predicting higher share prices for the project. Companies like I-80 whos holdings click off most of the boxes looks like a ripe candidate for such a merger.
That is unless they find a partner to help fund the build and that appears to be growing dim at this time and after months of due diligence by an unknown miner albeit better not rush into an agreement so still a small chance of success.
So bottom line I see the valuations of miners like I-80 who is by no means broke,has a great project, no issues with permits growing reserves ect. as a ripe target for M&A if they can't conclude an acceptable partnership vs an alternative undervalued takeover . Just my thoughts?