Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum ODIN MINING AND EXPLORATION LTD V.ODN

"Odin Mining and Exploration Ltd is a precious and base metals exploration and development company. It is engaged in the acquisition, exploration and development of mineral resources in Ecuador. Its project includes Cangrejos project."

TSXV:ODN - Post Discussion

ODIN MINING AND EXPLORATION LTD > Here is the deal by PAAS for LUM
View:
Post by frances1 on Aug 18, 2021 10:50am

Here is the deal by PAAS for LUM

Here is the deal....all predicated on Escobal coming back online and the 22m ounces of silver production that happens quickly...PAAS stock easily goes to $40 us

They issue 10M shares to LUM shareholders, all stock transaction for a purchase price of $400M us. (LUM shareholders essetially getting $1.50 cdn)

10M shares is not a lot of dilution for an asset worth NPV of $3B

PAAS has no debt and with the extra $225M in cash flow per year from Escobal they build the mine in Ecuador....they add 370,000 ounces of gold at cash costs of $600 per ounce ....I am a PAAS shareholder and it sounds good to me. I am also a LUM shareholder and it sounds good to me.

Simple transaction everybody wins!
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities