We only have 1 week more to go with the last extension to 3/7 unless they go for yet another extension.
I am not optimistic of a great deal coming out of the negotiations - the Company has relatively small cash reserves - to put any deal of substance together I would anticipate you would need more than they have.
i can't see any attraction for CRB to be brought into MT Morgan given CRB apparently released its leases (never really understood why).
My guess if there is a deal on the table that gets up it is a "buy in" to an existing project / acquisition of prospective ground - having the potential to entice shareholders and get a CR up to fund future exploration.
Time will tell
Ann: Request for Extension of Voluntary Suspension, page-10
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0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.206M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.552K | 638.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 16885278 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1628626 | 1 |
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