Post by
Rock9011 on Nov 10, 2024 3:10pm
Path Forward
Should the OTLLC Board approve the JV partners proposed path forward to mine HNE 1 and 2 it would be great to get an update to keep shareholders in the loop.
It's also possible the BC Arbitration Board may have gone government. Either the entire matter is very complicted for them to arrive at a decision or the proposals put foreward by the opposing sides is a conundrum of smoke signals in a fog bank.
If the operator made a buy out offer to the company they are cetainly not sharing it with the shareholders who own the majority of the company stock.
Its possible they didnt make an offer as the unknown reserves in these deposits is very likley larger than the known mineralization discovered to date.
Clearly a conundrum.
Comment by
Ausguy on Nov 10, 2024 3:12pm
Rio wants to buy Entree leases in Mongolia. https://www.afr.com/companies/mining/rio-tinto-racing-to-seal-mongolian-copper-deal-20241102-p5knen