Post by
nozzpack on Dec 17, 2020 7:02am
The Apollo Group
The Apollo Group is a large conglomerate that identifies projects, finances their development and manages their execution.
You will remember that they are Odessey Golds mentor for the Tuckanara JV.
I remain curious about Monuments sudden emphasis on Murchison as their favourite growth project.
We do know that they have been shopping/ seeking partners for Murchison.
At one point, it was intimated that there were two bidders for Murchison.
WGX , judging by rapid recovery in its share price since late November, has moved on to newer pastures.
That might leave Apollo as a partner for Murchison which might roll up Oddesey Golds assets into one larger project.
It certainly makes lots of sense but then again I have yet to make much in the way of cents in my investment here
Comment by
pandsca on Dec 17, 2020 9:03am
I think it would only make sense is Oddesey Gold believed enough in MMY to want to buy in. You're assumption that it makes sense is just that, unless you've read something somewhere that they even have any interest in MMY. Maybe they know too much and what they know keeps them away?
Comment by
nozzpack on Dec 17, 2020 11:54am
You dont do much DD do you. Apollo did the deal for Tuckanara. Who knows, they may have found a buyer for Mengapher. Just a guess..
Comment by
pandsca on Dec 17, 2020 1:40pm
I don't do any DD with MMY anymore. Why should I? What value will it add. I've already stopped buying more and just waiting to get out.
Comment by
romara on Dec 17, 2020 9:56am
pandsca .... you can always get rid of rats in the basement ...... Richard