I don't know. You may be right as well. But what about whatever valuation that has been given to the mine? The cost was higher and they had production issue and the could not afford to continue production. But there is solid asset, according to their filings. Why would they sell it so cheap? It is already around 50 million market cap combining both the companies. Whatever the outcome, its a good lesson for everyone to do your DD as much as possible before going in.
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