TMG acquired the Wild Cattle Creek for ~$1m, they acquired Utah for ~$1m so they have pretty good trackrecord of acquiring some pretty good projects for something that is not dilutive at all.
As for the CR, they mention in the announcement with a healthy cash balance, they raised $7.5m last year so no CR on the foreseeable horizon.
If they do acquire any more projects in US as hinted, I'll wage it won't be anywhere as dilutive as you think as they have successfully demonstrated in the pass.
With TMG's smelter ambition, becoming vertically intreated antimony producer, the valuation could surpass $1b as demonstrated by PPTA at $1.8b (sure they have some gold) but, UAMY who is just a average sized smelter company with no resource at $450m.
TMG Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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