Fellow Galenas,
I am a new shareholder of Galena. I bought in purely from a strategic perspective.
I was pondering, why would Toho pay another $60mill to have 40% of the Abra of the project (they currently own around 15%) , when they could pay say another $120mil and potentially have 100% of Galena (by lobbing a take over bid)?
Just a though.
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