RE:RE:RE:RE:RE:RE:About the quick price dropDundee,s executives were placed into position a while ago, so they have the insiders view of the events that are about to unfold.
Dundee itself has radically altered their business model and just bought out their Preffs..
They are now ready to go.
I can only speculate on their new strategic priorities but an arrangement with Firefly and their high grade copper discoveries .....which means very robust revenues...would mean that MAE/ Firefky would have senior tier levels of Revenue streams .
Throw in just how the Pickle Crow gold asset enters this conjoined strategic picture and you can get some idea as to possible motivations .
Its just an economic best outcome in my opinion but it is only that.
However, the delay in share consolidation adds to this scenario , as equity exchange would be involved .
As for Stoger Tight, $3 million has been set aside for definition and extensional drilling.
As that portion is already permitted, voila, we have additional ounces contributing to the boot strapping the costs of getting HD into production.
Know from whence you speak..