Comment by stokpikeron Sep 19, 2024 9:07am

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Post# 36230676
RE:RE:Share Price
RE:RE:Share Pricewe need a strong run in copper/gold/metals market, the juniors piling into the run, that will help push RIO to a decision
OT may be drilling but they don't want to add fuel to the fire for ETG, RIO still has to buy ETG, they may want to get a better handle on what they're buying but they don't want to pay anymore than they have to. RIO solution to that dilema will be some drilling but not enough to add obvious value, they understand the drill results better than others
a good market and a hint of expanded resources should keep putting pressure on share price and forcing RIO to make an offer soon
OR in my dream scenario RIO sells ETG to another major who they bring in to help expand OT faster to take advantage of a multi decade shortage in coopper
the time for our exit event is getting closer!!