Friday, March 11, 2022 11:21:01 AM
I think Martin Augusto researched and evaluated his deal before accepting $4m in restricted AABB shares. Will be making big money on this deal.
“Resource firm Asia Broadband (AABB) has agreed to acquire a 100% stake in the Bonanza Gold Mine Project in Nayarit, Mexico from Martin Augusto Vallejo Lujambio.
The deal consideration of $6m includes cash payment of $2m and $4m in restricted Asia Broadband shares.
Based on assay results from recent samples and drilling activities, the Bonanza property holds high-grade gold.”
https://www.mining-technology.com/dashboards/deals-dashboards/asia-broadband-mexicos-gold/
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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