Having just had a good look at Compass Resources (CMR) I've changed my thoughts from a possible future JV between CMR and INL - to a future announcement that CMR have taken a significant interest in INL.
With CMR spinning off a second company to concentrate on their uranium interests, leaving CMR to concentrate on growing their base metals exposure, they are financially well positioned to make a bid for INL. Such a move would fit the profile CMR are indicating to the market.
They may well turn out to be the astute buyer over the last 3 or so weeks????
It started with over 13 mill shares changing hands Friday 2-3 weeks ago.
As always - DYOR
buyers coming in from the cold, page-8
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Last
54.5¢ |
Change
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Mkt cap ! $103.4M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 55.5¢ | 49.8¢ | $235.2K | 448.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2282 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 5100 | 1 |
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