Sirios Resources Inc V.SOI

Hey Dandu, did DD say...?

[sylvain_007]

Did DD say that when people wake up the share price will be worth, depending on the price of an ounce of gold, between $1.60 and $2.20 if that is the case, why sell? On the other hand, what is the relationship with Newmont and how are they attached to it? Can Sirios move without their permission?

[dandu1924]

This is what he said about the share price. DD has a kind of meeting with Newmont every month and  SOI can move without  Newmont but  in case of sell ( Cheechoo ) Newmont and all others shareholders must approve that. So SOI can sell Cheechoo to  Newmont or to another potential buyer. The agreement with Newmont in fact do not block other potential buyer, so now this is clear

[Dontshortcxr]

As I see it. Fury is the problem they wont sell their share of Eleonore South at a reasonable price and wont give SOI fair price for Cheechoo With both properties together you would have 5 to 6 million OZ and a huge open pit mine. Newmont is in no hury to develope Eleonore South and the same for Fury . DD is caught in between. DD has two choices Spin Cheechoo out and sell to the Highest bidder

[OnWatch]

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