Post by
Gekkoin on Sep 26, 2013 1:34pm
news can only be positive!!
just closed the PP at .075 which brings in a whole new base at .075.... a take over offer would have to be at a premium of at least 25% or 10 cents per share minimum...
...And there's a resource estimate (43-101) of 4 Million ounces inferred and 2 Million ounces GOLD indicated!!
....and 1 Billion pounds of copper....... Whats not to like here?
Comment by
nassau1 on Sep 26, 2013 2:16pm
They dont plan on building any mine,if you would talk to the company their intentions are to prove the resources and sell,like he said,most likely to the chinese
Comment by
1004 on Sep 26, 2013 2:30pm
I know, a JV to sell 100% of the project against royalties and money for insiders and MAYBE they could keep 5% of the project. Sell the project, not EGX...thats venture.
Comment by
LouisWinthorpeIII on Sep 27, 2013 3:45pm
I would have to agree with this statement. From the update I received it appears as if there is plenty of good news just around the corner!!
Comment by
nassau1 on Sep 27, 2013 8:23pm
Can you share your update with us?