RED EAGLE EXPLORATION LIMITED V.XR

Merge?

[digingdeep]

I can only imagine a merge with GLW, next to us, as AUX is not listed anymore. No other player around. But GLW does not have cash, neither a 43101, so what can we expect from that merge? a consolidation without NI 43101?

Comments

[SchiffKnowsBest]

Likely Galway will come calling and will merge with cash and Galway shares in the new co. Once that is done I see the end game being Mubadala eventually swooping in and taking out the new co. That is a little ways down the road.

[mork10]

There is a "big guys' play" going on. I'm quite sure the Navarro Graus were behind yesterday's purchases since all the buying was being done through BMO Nesbitt like last time. They must be up to close to 15% by now if not more. I have no idea what their plan is considering the ridiculously low published gold resources and the little cash left in the company but I'm sure