Post by
anynews on Jun 20, 2022 4:47pm
Re AGM
I missed the AGM today so I don't have an update.
The way i see it Managment here are trapped - either wait for Silver price to rise or wait for an offer from another company to develop and drill Bilboa. I am assuming Laguna has been abandoned.
They have already said they are interested in the Royalty model. There is little chance for a Junior to overcome the Security and corruption risks in Mexico.
Management and previous management have invested their own money here and wont see it diluted or given away for a miserly offer.
So it is a waiting game.
There is also a chance of money coming from Capstone to purchase the Contested Royalty interest. Capstone now are debt free and have lots of cash and are extracting ore from this Royalty area.
In the short term not much is likely to happen but one day this will ten-bag without warning.
Comment by
Mr13 on Aug 27, 2022 7:17am
From above: "Management and previous management have invested their own money here and wont see it diluted or given away for a miserly offer." So, how much skin in the game (% of OS) do management, previous management, insiders have in this play? TIA