Post by
silverT on Aug 26, 2015 3:31pm
So..........do any of youi
Know what I'm talking about...........Toronto, Jun 10 Junior explorer Oban Mining has launched all-share takeover bids for 4 fellow Canadian mineral explorers, backed by ringmaster and mining royalty/explorer Osisko Gold Royalties, which is looking to take a 19.9% stake in the New Oban for $C20M. Oban has binding take-over agreements with listed Eagle Hill Exploration, Temex Resources, Ryan Gold and Corona Gold. ..............these companies surround MTO , your turn !
Comment by
LiTeOn1981 on Aug 26, 2015 3:40pm
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Comment by
silverT on Aug 26, 2015 3:45pm
Or you could say............they have enough Osisko cash , so why not go for the whole thing with the MTO plant included ...........just a thought .
Comment by
tomgranite on Aug 26, 2015 4:02pm
Just because they have the cash does not mean it is economically correct to build their own mill. I think New Oban will drill more holes at Windfall before the PFS and see if owning a mill 40 miles away gives a better payback than building their own.
Comment by
wind00 on Aug 26, 2015 3:44pm
nobody here seems to know and whoever knows won't tell us. I'm sure MTO mgmt also wants to know. the price needs to go up or we will be bought for peanuts.