Hey that's some exciting news anxiously await more detail. Can remember when 8 shared the news that the deal was virtually done that I had a bit of a reflection and that I was a bit bittersweet it wasn't going to be Argonaut. As they looked like one of our better options and knew they had the resources to move us forward plus assets in the area.
Kudos to PT and those of us for sticking with the company through the hard times. Not out of the woods but imagine a lot of us will be sleeping better.
Sticking out is "Option". Some buy in or buy out is in deal. AR probably can increase % based on own drilling and MXSG may be able to buy some back with cash or perhaps other project interests. Like some nice copper/lead cased cable in Canadian waters not in N Pac recovery areas? No laugher. McEwen was interested in the possibilities when briefed at NYSE Bell ring early '11 before halted with little funds and whereabouts unknown. Stuff is STILL down there somewhere all over globe. 8
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