Comment by
FreddieSanford on Jul 07, 2021 9:27am
Yeah Randys1. I think there was hope of some sort of spinout company coming out of the Tin but this looks to be a straight up carried interest JV that is stretched out over 4 years so even the cash doesn't come into the kitty for some time. It's a nothing burger .... no catalyst for the stock whatsoever.
Comment by
TradesInc on Jul 07, 2021 9:56am
We now have to wait 90 Days to get some more detail and Clarity on the JV Agreement. Our Partner has to spend up to $3 Million USD which is no risk to MNO. I like it! Back To Back Good News Releases. Time for Management to Step Up it's Marketing Game. I like the Buying by Beacon Securities in the Market! IGWT!!
Comment by
FreddieSanford on Jul 07, 2021 10:19am
Hey Tradesinc ..... there is still the possibilty the company hives off the Tin in co-op with the JV partner. I guess both parties could divvy shares of Newco to both currently listed company share holders. Other than a surprise like that in the definitive agreement ........... this Tin news is a snooze news.
Comment by
randys1 on Jul 07, 2021 10:46am
Yep a nothing burger it is.
Comment by
domcolumba on Jul 07, 2021 2:50pm
It's all about the drill bit not these sideline announcements. Look at Orosur's drill results yesterday. Its the proven and probable that will move this stock.